Reported about 8 hours ago
AMD reported better-than-expected fourth-quarter earnings and a strong first-quarter forecast, with earnings per share of $1.09 and revenue of $7.56 billion. However, the stock fell nearly 9% as investors reacted to disappointing growth projections for its data center business amid stiff competition from Nvidia and ongoing challenges in the PC market. The backdrop of newly imposed tariffs on Chinese goods also raised concerns about potential impacts on sales.
Source: YAHOO