AMD stock dipped post-Q2 results, but retail sentiment surged to 'extremely bullish'. Revenue rose 32% YoY to $7.69 billion, beating estimates, while EPS missed by 1 cent. Baird raised its target to $175, citing strong AI demand. Data Center revenue grew 14%, and CEO Lisa Su projected robust growth from Instinct MI350 chips in H2.
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11:54 am on
06 Aug