AMD stock rises on earnings beat, Q3 revenue guidance

) reported better-than-expected second quarter results. Adjusted earnings of $0.69 was better than the estimated $0.68. Overall revenue of $5.84 billion topped Street expectations of $5.73 billion. Data center revenue, which includes GPU and CPU sales, was $2.83 billion vs. $1.32 billion versus an expected $2.75 billion.

And in this case, they delivered, it looks like that is what um investors are likely zeroing in on here.I mean more obviously color and commentary the street's gonna be looking for on, on what uh what doctor who has to say about A I chip revenue.Dan Halley has pointed out the the boom during the pandemic.

One other headline I want to mention here that again, our Dan Howley flagged as an indicator for Microsoft, the company saying A I services contributed eight points to Azure revenue growth. Um You know, they're gonna try so hard on that call, Julie to get anything from Tim Cook and Luca May tri is the whole focus.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

AMD stock jumps on earnings beat driven by AI chip salesShares of AMD rose in after-market trading, after the company beat Wall Street's earnings estimates on better than anticipated AI chip sales.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Microsoft & Starbucks earnings, JOLTS: What to watchEarnings reports will be released for the following companies: Microsoft (MSFT), Procter & Gamble (PG), AMD (AMD), Starbucks (SBUX), PayPal (PYPL), JetBlue (...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »