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0.00165834647048524 0.00582413732702743 0.00455421264669816 0.00810124365037657 -0.00788229111928539 -0.0183044315992293 -0.0230775967770188 -0.0247249956209493
Stock impact report

AMD forecasts first-quarter revenue above estimates [Yahoo! Finance]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Yahoo! Finance
?intelligence chips from massive data center capacity expansions to power AI ?tech. Shares of the company fell over 4% in extended trading. The company expects revenue of about $9.8 ?billion for the first quarter, plus or minus $300 million, compared with analysts' average estimate of $9.39 billion, according to data compiled by LSEG. Santa Clara, California-based AMD is seen as the closest contender to challenge the AI chip dominance of the world's ?most valuable firm Nvidia, ?as Big Tech and governments across the globe double down on investing in AI hardware. AMD is also one of the ?leading providers of data center central processing units, which are used alongside pricey graphics processors in servers. The rapid expansion of data center capacity has boosted server CPU ?demand, benefiting AMD, which has been steadily eating away at rival Intel's ?share of the market. While Intel has been unable to fully address demand for server CPUs due to supply constraints for its in Show less Read more
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