AMD shares fall as first-quarter forecast comes in light

(CNBC) AMD reported fourth-quarter earnings Tuesday that were in line with analyst expectations. And while the semiconductor company’s revenue beat estimates, AMD offered a first-quarter forecast that fell short of expectations. AMD stock slid more than 6% in extended trading, even after the company gave a positive update on how quickly its new AI chips are selling.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.