Chipmaker AMD Delivers Beat-And-Raise Report, But Stock Drops
Investorsยท2025-11-04 22:13
BREAKING: Stocks Rise Off Key Levels, But Fade Into Close Advanced Micro Devices (AMD) late Tuesday beat Wall Street's targets for the third quarter and guided higher than estimates for the current quarter. However, AMD stock fell in extended trading. The Santa Clara, Calif.-based chipmaker earned an adjusted $1.20 a share on sales of $9.25 billion in the September quarter. Analysts polled by FactSet had expected AMD to earn $1.17 a share on sales of $8.76 billion. On a year-over-year basis, AMD earnings ro ...