AMD’s stock falls on in-line projection after the company says it will sell $4 billion in AI processors this year
Advanced Micro Devices (AMD) reported its first-quarter earnings and sales, slightly surpassing Wall Street’s expectations but met with a 7% drop in extended trading, painting a mixed picture for investors. Here’s a rundown of how they fared against consensus expectations: – Earnings per share: AMD posted 62 cents adjusted, just a notch above the 61 […]