AMD reports weaker-than-expected earnings even as revenue tops estimates

Description:

AMD reported slightly missed earnings with 48 cents per share vs. 49 expected, but revenue beat estimates at $7.69 billion. The stock dropped 5% after hours. The company expects $8.7 billion in sales next quarter. AMD is the second-largest AI GPU maker behind Nvidia, gaining clients like OpenAI. New AI chips, Instinct MI400, launch next year, but U.S. export controls hurt sales to China, costing $800 million this quarter. Data center revenue grew 14% to $3.2 billion, boosted by CPU demand for AI servers, CNBC has reported. Client and Gaming revenue rose 69% to $3.6 billion, driven by strong Ryzen CPU and gaming GPU sales. read more: 👍 Like this video to stay informed on major tech earnings and how AI is reshaping the semiconductor industry. 💬 Do you think AMD can challenge Nvidia in the AI chip race? Drop your predictions in the comments. 🔗 Share this video to help others understand the key drivers—and risks—behind AMD’s performance and future outlook. 💰 Want to support the channel? Hit the YouTube Thanks button—your support keeps us reporting on cutting-edge tech and markets. 👉 Don’t forget to subscribe for real-time updates on AI hardware, chip stocks, and market-moving tech news. Thanks for watching and supporting the channel. Links for B.C. Visit My Website Follow Me On Facebook / b.c.begley Subscribe To My Patreon / bcbegley Watch Me On YouTube / @b.c.begley6007 Follow Me On Twitter / bc_news1 Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok / bcbegley #AMDStock #AIChips #EarningsReport #shorts