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AMD Beats Q4 Estimates, Shares Dip 4%
- AMD reported Q4 revenue of $7.66 billion, surpassing analyst expectations of $7.53 billion, with adjusted earnings of $1.09 per share.
- Data Center revenue surged 69% year-over-year to $3.9 billion, while Gaming revenue fell 59% to $563 million.
- Despite strong results, AMD shares dropped 4.73% after hours, possibly due to concerns over AI chip competition with Nvidia.
Source: Benzinga, Marketwatch, Benzinga, Yahoo! News
10mo ago
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