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AMD Stock Drops 5% Despite Beating Earnings Estimates

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • AMD beat Q2 estimates with record revenue but stock fell 5% as results failed to impress amid lofty valuation expectations.
  • Guidance was solid but not blowout, PC market softness and rising capex raised concerns.
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AMD price history

516.13 +140.00% over the displayed period

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