AMD Dumps & Pumps (To New Record High) After Beat-And-Raise

AMD Dumps & Pumps (To New Record High) After Beat-And-Raise Just wow... AMD shares initially puked after results dropped showing top- and bottom-line beats: EPS: $1.37 vs. $1.29 adjusted expected Revenue: $10.25 billion vs. $9.89 billion expected But now they are exploding higher after the second-largest AI chipmaker raised estimates: For the second quarter, AMD said it expects about $11.2 billion in revenue, versus expectations of $10.52 billion, according to LSEG That is a new record high... Revenue jumped 38% from $7.44 billion a year ago, the company said in a release on Tuesday, beating in every segment... Data center...