AMD Stock Dips Post-Earnings
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general GPU market dynamicsThe Motley Fool
•Did AMD Just Give a Big Reason to Buy Nvidia Stock Hand Over Fist?
76% Informative
Advanced Micro Devices (NASDAQ: AMD ) stock declined sharply on Wednesday after announcing its third-quarter results.
The chipmaker reported Q3 revenue that was slightly higher than Wall Street's expectations.
The main problem for AMD was with its guidance of Q4 revenue of $7.8 billion .
CEO Lisa Su said in the Q3 earnings call that the data center GPU business has improved over the last two quarters .
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