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AMD Eyes An AI Uplift As GPU And PC Earnings Hit A Speed Bump

AMD Eyes An AI Uplift As GPU And PC Earnings Hit A Speed Bump
Shares of AMD rose in after-market trading hours last night and are down slightly this morning this morning after the chip designer posted better-than-expected financial results for the second quarter of 2023, including $5.36 billion in total revenue (down 18% year over year and flat sequentially) and net income of $27 million (down 94% year-over-year

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Author: Paul Lilly