HomeTechTechnologyAMD Falls After Strong Earnings, But Weak Guidance

AMD Falls After Strong Earnings, But Weak Guidance

AMD’s (AMD) earnings were just released. Its 3Q adjusted EPS came in at $0.70 versus an estimated $0.68 and its revenue came in at $5.80B versus an estimated $5.71B. George Tsilis discusses AMD as its 3Q gross margin came in at 47% versus an estimated 42% last year. AMD expects 4Q to show ‘strong growth in data center and continued momentum in client.’ Tune in to find out more about the stock market today.

Market On Close

31 Oct 2023

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