Shafaqna English– AMD announced Tuesday(4 Aug 2026) that its quarterly revenue outlook beat analysts’ forecasts, citing robust chip demand resulting from large-scale data-center buildouts aimed at fueling AI advancements.
However, the company’s stock dropped almost 9% in after-hours trading, indicating that investors had hoped for an even more favorable forecast, especially given that the share price had already more than doubled this year amid optimism surrounding AI.
Source: Reuters