-
Posted by
Two Blokes May 7 -
Filed in
Stock
-
2 views
Advanced Micro Devices Inc (NASDAQ:AMD) shares were little moved by an earnings report that showed quarter-on-quarter decline in revenues and profits, with the semiconductor group's AI sales better than feared. Analysts said AMD significantly outperformed in its traditional markets and provided a constructive outlook for its GPU business that may alleviate investor concerns on that front.