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AMD Just Crushed Earnings But Wall Street Had a Meltdown Anyway
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AMD Just Crushed Earnings But Wall Street Had a Meltdown Anyway
So here’s a fun Wall Street paradox: AMD just posted absolutely monster earnings and the stock immediately face-planted 10%. Because apparently, crushing it isn’t enough anymore. The Numbers Were Actually Insane AMD pulled in $10.3 billion in revenue for Q4 – a 34% jump that beat estimates by $600 million. They made $1.53 per share when analysts expected $1.32. In normal times, this would be champagne territory. Their data center business hit $5…
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