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AMD Stock Slides After Solid Earnings Report
Yahoo2026.08.04Source: Yahoo
Advanced Micro Devices reported solid but unspectacular second-quarter earnings results on Tuesday afternoon. Adjusted operating income reached $3.1 billion, with a 27% operating margin, just above the Wall Street consensus estimate. In the all-important data center segment, sales were $6.7 billion, ahead of projections of $6.3 billion and up 107%, with a 31% operating margin.
