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Benzinga
Benzinga
Business
Ananya Gairola

AMD Earnings 'Were Good,' Says Analyst Even as Stock Sinks 9% After Hours: Wall Street Wanted a 'Blowout' Forecast

West,Bangal,,India,-,April,20,,2022,:,Advanced,Micro

On Tuesday, shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) fell sharply in after-hours trading despite beating second-quarter expectations, as analysts said investors had been looking for a more dramatic AI-driven outlook tied to the company’s Helios platform.

AMD Analysts Say Wall Street Wanted a Bigger Helios Forecast

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