AMD Stocks Surge After Strong Q4 Earnings and Positive Guidance

Reported about 5 hours ago

Advanced Micro Devices (AMD) shares rose after exceeding fourth quarter earnings expectations, reporting revenues of $7.66 billion, higher than the anticipated $7.54 billion, with adjusted earnings per share matching estimates at $1.09. The company also provided a strong outlook for the first quarter, forecasting revenues between $6.8 billion and $7.4 billion.

Source: YAHOO

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