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.

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31 Oct 2023

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