AMD's revenue climbs 50% and data center sales doubled, but the stock is down
AMDAMD(US:AMD) CNBC Television·2026-08-04 21:15

So, it's a beat [music] on the top and bottom line. A $166 earnings per share. That is a record for the company on revenues of 11.5% billion.In the release, it's saying that's up 50% year-over-year. But you can see the stock is dropping dramatically, down about 10%. Um, some of that might have to do with just the data center revenue.That did drive a lot of the beat, but it came in at $6.7% billion. When I was going through some sellside research notes, the Whisper number, a lot of them were expecting it to ...

AMD's revenue climbs 50% and data center sales doubled, but the stock is down - Reportify