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Benzinga
Benzinga
Business
Shanthi Rexaline

AMD Stock Rallies On Q4 Beat, Positive Outlook: Data Center, Gaming Revenues Shine

AMD Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc. (NASDAQ:AMD) announced fourth-quarter results Tuesday that exceeded expectations on all metrics, with strong data center revenues and server and gaming processor sales being the highlights.

The company issued upbeat forecasts for the March quarter as well as the fiscal-year 2022 amid the ramp of existing products and launch of next-gen product planned for the year.

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