AMD’s AI-Driven Growth Amid Data Center Concerns
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Advanced Micro Devices (AMD) reported a 32% year-over-year revenue surge in Q2, reaching $7.7 billion, fueled by strong demand for its Ryzen 9000 series processors and client PC segment. Despite a 6% stock drop post-earnings, the company's AI-powered PC business emerged as a key growth driver, offsetting slower data center performance.
Investors initially panicked over data center softness but overlooked AMD's record desktop and notebook processor sales. The company's guidance exceeded analyst expectations, signaling long-term potential in AI semiconductors beyond traditional server markets.
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