AMD Q4 Results Top Expectations as Strong Chip Demand Bolsters Growth By Investing.com
By Yasin Ebrahim Advanced Micro Devices jumped in after-hours trade on Tuesday after reporting better-than-expected fourth-quarter results on strong demand for its chips amid ongoing supply shortages. Advanced Micro Devices Inc (NASDAQ:AMD) shares gained 2.21% in after-hours trade following the report. AMD announced earnings per share of $0.52 on revenue of $3.24 billion. Analysts polled by Investing.com anticipated EPS of $0.4704 on revenue...
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