amd’s-post-earnings-slide-is-a-buying-opportunity.-here’s-why
Earnings

AMD’s post-earnings slide is a buying opportunity. Here’s why

Visitors are walking past the AMD booth at the 2024 Mobile World Congress in Shanghai, China, on June 26, 2024.

CostFoto | Nurphoto | Getty Images

Advanced Micro Devices on Tuesday posted a solid set of third-quarter results thanks to strong sales in the data center and PC markets. But shares fell more than 7% in extended trading, as investors wanted to see faster growth in its AI chip business. We’re taking the long-term view here.

Source: www.cnbc.com