Earnings Results: AMD stock rises as CEO promises to keep taking data-center share from Intel, calls 2022 a ‘strong’ year

by | Jan 31, 2023 | Stock Market

Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker’s data-center sales gained and executives forecast sales of more than $5 billion to start 2023, even as cloud-customer demand begins the year light. AMD shares AMD rose 3% after hours, following a 3.7% gain in the regular session to close at $75.15. AMD…

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