AMD shares are trending. Why is AMD stock down today?
AMD Q2 Earnings HighlightsAMD reported second-quarter revenue of $11.54 billion, beating analyst estimates of $11.28 billion. The chipmaker reported adjusted earnings of $1.66 per share for the quarter, beating estimates of $1.61 per share, according to Benzinga Pro.Total revenue increased 50% on a year-over-year basis. Here’s a breakdown of revenue by segment.
Data Center: $6.7 billion, up 107% year-over-year
Client and Gaming: $3.8 billion, up 6% year-over-year
Embedded: $977 million, up 19% year-over-year
