AMD Stock Drops Despite Beat-And-Raise Earnings Report

AMD Stock Drops Despite Beat-And-Raise Earnings Report | Investor's Business DailyBREAKING: [Futures Fall; Google AI Spending Soars]---Advanced Micro Devices (AMD) late Tuesday easily beat Wall Street's targets for its fiscal fourth quarter and guided above estimates for the current period. But AMD stock fell in extended trading. The Santa Clara, Calif.-based fabless chipmaker earned an adjusted $1.53 a share on sales of $10.27 billion in the quarter ended Dec. 27. Analysts surveyed by FactSet had expected… ...