Reported 1 day ago
AMD exceeded expectations for its Q1 earnings, posting an adjusted EPS of $0.96 on $7.4 billion in revenue, and provided a positive second quarter outlook. CEO Lisa Su highlighted the robustness of AMD's product portfolio despite the challenges from macroeconomic factors and trade regulations affecting AI chips. Shares rose over 5% following the announcement, even as the company faces uncertainties related to export controls and tariffs.
Source: YAHOO