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AMD Beats Earnings, Stock Drops 9% on Sky-High AI Expectations

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The Story

News Summary

  • AMD beat Q2 estimates and issued strong Q3 guidance driven by AI data-center demand, but shares fell 9% after-hours as investors wanted an even bigger beat given the stock's 2x rally this year.
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AMD price history

504.20 +135.34% over the displayed period

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