AMD shares fall as forecast fails to impress despite strong AI growth

Advanced Micro Devices (AMD) reported third-quarter results on Tuesday, with earnings in line with forecasts and revenue that slightly beat expectations.Here's how the company did, compared to LSEG estimates for the quarter ending Sept. 28:Earnings per share: 92 cents adjusted vs. 92 cents expectedRevenue: $6.82 billion vs.$6.71 billion expectedAMD said its important data center business doubled in sales for the second quarter in a row, but overall revenue guidance for the fourth quarter was in line with c ...