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

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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 Subscribe To My Patreon Watch Me On YouTube Follow Me On Twitter Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok #AMDStock #AIChips #EarningsReport