AMD stock sinks 9% after record quarter as Wall Street spots a hidden margin trap

Advanced Micro Devices (NASDAQ: AMD) delivered the sort of quarter that normally sends a semiconductor stock higher. The chipmaker posted record revenue, earnings above expectations, data-centre sales that more than doubled and guidance comfortably ahead of consensus.

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Source: Invezz

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Category Stock

Source Invezz

Published 1 month ago

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News ID #525

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