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Posted by
Two Blokes May 11 -
Filed in
Stock
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AMD beat Q1 EPS and revenue estimates, driven by strong Data Center demand and AI accelerators, signaling undervaluation despite negative sentiment. AMD's free cash flow surged 92% Y/Y, growing 2.6x faster than revenue, highlighting improved profitability from Data Center and AI accelerator sales. AMD also continued to make gross margin gains and the chipmaker confirmed that it is going to accelerate production/shipments of its next-gen MI350 series Instinct GPU in mid-2025.
