
#AMDBeatsButDrops
About AMDBeatsButDrops
AMD beat Q2 expectations with $11.54B in revenue (+50% YoY) and adjusted EPS of $1.66. Data center revenue surged 107% YoY to $6.7B, accounting for 58% of total sales. The company guided Q3 revenue to around $13B, above consensus, while gross margin remained at ~56%. Shares fell over 8% after hours as investors shifted focus from AI demand to whether AMD can sustain its rapid growth and justify its premium valuation as Helios enters volume shipments.
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