AMD shares jump after strong third-quarter earnings beat
AMD shares jump after strong third-quarter earnings beat
AMD shares jump after strong third-quarter earnings beat
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- Advanced Micro Devices reported third-quarter results that beat Wall Street expectations, sending its shares up about 8% in extended trading.
- Revenue rose 45% from a year earlier to a record $13.38 billion, while adjusted earnings of $2.09 per share topped the $1.95 analysts had expected.
- Data centre revenue nearly doubled to a record $8.5 billion on surging demand for AI chips, and the company guided fourth-quarter revenue to about $17 billion, above analyst estimates.
- Advanced Micro Devices reported third-quarter results that beat Wall Street expectations, sending its shares up about 8% in extended trading.
- Revenue rose 45% from a year earlier to a record $13.38 billion, while adjusted earnings of $2.09 per share topped the $1.95 analysts had expected.
- Data centre revenue nearly doubled to a record $8.5 billion on surging demand for AI chips, and the company guided fourth-quarter revenue to about $17 billion, above analyst estimates.
- Advanced Micro Devices reported third-quarter results that beat Wall Street expectations, sending its shares up about 8% in extended trading.
- Revenue rose 45% from a year earlier to a record $13.38 billion, while adjusted earnings of $2.09 per share topped the $1.95 analysts had expected.
- Data centre revenue nearly doubled to a record $8.5 billion on surging demand for AI chips, and the company guided fourth-quarter revenue to about $17 billion, above analyst estimates.
Advanced Micro Devices reported third-quarter results that beat Wall Street expectations, sending its shares up about 8% in extended trading. Revenue rose 45% from a year earlier to a record $13.38 billion, while adjusted earnings of $2.09 per share topped the $1.95 analysts had expected. Data centre revenue nearly doubled to a record $8.5 billion on surging demand for AI chips, and the company guided fourth-quarter revenue to about $17 billion, above analyst estimates.
Advanced Micro Devices reported third-quarter results that beat Wall Street expectations, sending its shares up about 8% in extended trading. Revenue rose 45% from a year earlier to a record $13.38 billion, while adjusted earnings of $2.09 per share topped the $1.95 analysts had expected. Data centre revenue nearly doubled to a record $8.5 billion on surging demand for AI chips, and the company guided fourth-quarter revenue to about $17 billion, above analyst estimates.
Advanced Micro Devices reported third-quarter results that beat Wall Street expectations, sending its shares up about 8% in extended trading. Revenue rose 45% from a year earlier to a record $13.38 billion, while adjusted earnings of $2.09 per share topped the $1.95 analysts had expected. Data centre revenue nearly doubled to a record $8.5 billion on surging demand for AI chips, and the company guided fourth-quarter revenue to about $17 billion, above analyst estimates.
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