Advanced Micro Devices Inc

AMD: XNAS (USA)
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AMD Earnings: Data Center Demand Still Looks Quite Strong to Us; Shares Undervalued

Advanced Micro Devices reported fourth-quarter revenue of $10.3 billion, up 34% year over year, up 11% sequentially, and ahead of guidance. AMD’s first-quarter revenue forecast of $9.8 billion is ahead of FactSet consensus estimates and would represent 32% growth year over year.

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