AMD sinks 5% despite earnings beat, strong data center revenue
tech
CNBC reports that AMD beat earnings expectations with strong data center revenue growth. Despite the positive results, the stock sank five percent. AMD has been a major beneficiary of the AI boom, with shares up one hundred thirty-two percent year-to-date.
Source: https://www.cnbc.com/2026/08/05/amd-stock-today-earnings-q2.html
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