Polymarket gives the company a 95% chance of beating earnings, but the more interesting action is on Kalshi, where traders are betting on which words CEO Lisa Su and her team will say. "Helios" trades at 95%. The Zen 6 server chip anchors the CPU side of Helios, and AMD guided server CPU revenue to grow more than 70% year over year in the quarter. Both hold performance-based warrants for up to 160 million AMD shares, roughly 10% of the company each, tied to purchases, AMD's share price and other milestones. Venice is the first server CPU built on the 2-nanometer process from Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), but traders are split on whether Su names the foundry.