
Advanced Micro Devices reported second-quarter earnings and revenue that topped analyst expectations, driven by a 107 percent surge in Data Center revenue to a record 6.72 billion dollars. Despite the beat and a stronger-than-expected outlook for the third quarter, AMD shares fell more than 8 percent in after-hours trading, as investors judged the results underwhelming against sky-high expectations for the chipmaker.

World · Aug 6 · L1-L4
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Tech · Aug 5 · L1-L4