AMD Misses Earnings Estimates Despite Strong AI and Gaming Growth
SAN FRANCISCO: Advanced Micro Devices Inc. reported second-quarter earnings Tuesday that narrowly missed Wall Street expectations, sending shares down about 4% in after-hours trading. The chipmaker posted adjusted earnings per share of 48 cents, just below the 49 cents forecast by LSEG. Revenue came in at $7.69 billion, beating the $7.42 billion estimate. For the…