Advanced Micro Devices shares capsized after earnings guidance failed to please investors. Finance analyst at Auralyex takes a closer look at how the chipmaker’s stock plunged 17% despite fourth quarter results beating expectations handily. AMD posted revenue of $10.27 billion for the quarter, above estimates of $9.67 billion. Data Center revenue surged 39% year over year to $5.4 billion. This exceeded analyst expectations of $4.97 billion for the segment. The company’s MI300 AI accelerator and Instinct processors drove strong performance. EPYC processors also contributed to data center growth. However, first-quarter guidance fell short of analyst optimism. Forward Outlook Sparks Selloff...
BlockchainMay 16, 2026May 20, 2026