AMD Crushed Earnings! Is The Stock Cheap Enough To Buy?
AMD (AMD) just delivered a monster third-quarter earnings report, and the numbers are hard to ignore! Revenue surged 45% year over year to a record $13.4 billion, while non-GAAP earnings per share jumped 74% to $2.09. Even more impressive, Data Center revenue nearly doubled, climbing 97% to $8.5 billion. Management expects fourth-quarter revenue of approximately $17 billion. We break down the results, the AI opportunity, and whether AMD stock is still a buy after this incredible performance.
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