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Benzinga
Benzinga
Business
Shanthi Rexaline

Why AMD Investors Are Pulling Back After Q2 Earnings

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were falling after-hours Tuesday in the wake of a second-quarter report that exceeded estimates — and a below-consensus third-quarter revenue forecast. 

AMD said it saw strength in the data center and embedded segments, with growth slowing elsewhere. The company maintained its full-year guidance.

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