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AMD Shares Dive Over 8% in After-Hours Trading Amid Data Center Growth Lagging Expectations
2025-02-05 /
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Author：小编
AMD unveiled its fourth fiscal quarter earnings report, surpassing expectations in both revenue and earnings. Despite this positive news, the company's stock price plummeted by over 8% during after-hours trading. The culprit? The performance of AMD's pivotal data center business fell short of Wall Street's lofty expectations. The earnings report detailed a quarterly revenue of $7.66 billion, marking a 24% year-over-year increase, with adjusted earnings per share at $1.09, surpassing market forecasts. Nonetheless, sales in the data center segment totaled $3.86 billion, slightly undershooting analysts' projections of $4.14 billion.
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