AMD's China AI Sales Lift Results But Stir Wall Street Doubt

Wall Street analysts reassessed Advanced Micro Devices Inc. (NASDAQ:AMD) after the chipmaker delivered stronger-than-expected quarterly results on Tuesday, even as questions emerged around the sustainability of near-term AI revenue tied to China.AMD reported revenue of $10.27 billion, beating the Street's $9.67 billion estimate, while adjusted earnings came in at $1.53 per share, well above the consensus forecast of $1.32. Total revenue climbed 34% year over year, reflecting broad-based strength across its ...