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via finance.yahoo.comBusiness & Companies

AMD beats Q3 estimates with data center business booming

FROM THE WIRE · FINANCE.YAHOO.COM

Patrick Moorhead, Moor Insights & Strategy Founder, CEO, and Chief Analyst, joins Yahoo Finance Breaking Business News Reporter Jake Conley to discuss AMD's (AMD) third quarter earnings beating estimates, with data center revenue nearly doubling to $8.55 billion. View Comments

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA quarterly beat above estimates from a large semiconductor company is relevant for the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Patrick Moorhead comments on AMD's third quarter results.
  2. 02Data center revenue nearly doubled to $8.55 billion.
  3. 03The quarter beat analyst estimates.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Advanced Micro Devices, Inc.AMDStock483.90 USDMarket closedtoday +3.65%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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