Earnings Results
Wall Street estimated $5.5 billion while AMD forecast between $5 billion and $5.6 billion
AMD Chair and CEO Lisa Su introduces the Instinct MI300 data-center CPU plus GPU at CES in Las Vegas on Jan. 5.
Screenshot via AMD
Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker topped Wall Street estimates for the quarter, but its outlook was lower than most analysts had forecast.
AMD AMD shares fell more than 5% after hours, following a 0.3% rise to close the regular session at $89.91, less than 0.1% above what they were 12 months ago.
AMD…
