Reported 3 months ago
AMD's shares experienced a notable increase after the company reported better-than-expected second-quarter earnings, largely attributed to robust sales of AI chips. The reported revenue reached $5.8 billion, surpassing the forecast of $5.7 billion, while adjusted earnings per share stood at $0.69, slightly above the anticipated $0.68. Yahoo Finance's tech editor, Dan Howley, provides analysis on AMD's performance and the recovery of the PC market.
Source: YAHOO