AMD Stock Drops Nearly 8% on Guidance Letdown, but It Raises 2024 Artificial Intelligence (AI) Chip Sales Outlook
30/10 12:00
Shares of Advanced Micro Devices (NASDAQ: AMD) declined 7.6% in Tuesday's after-hours trading, following the chipmaker's release of its third-quarter 2024 report.The stock's drop is largely attributable to fourth-quarter revenue guidance coming in slightly lower than Wall Street...