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AMD more than doubles its data center revenue, but its stock falls on concerns over rising capex
SiliconANGLE News·August 4, 2026·1 min read
AI Summary
AMD reported a significant increase in its data center revenue, more than doubling from previous figures. However, the company's stock declined after concerns arose regarding rising capital expenditures despite beating financial expectations.
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After seeing its stock rise more than 7% during the regular trading session earlier today, Advanced Micro Devices Inc. saw all of those gains wiped out in extended trading after narrowly beating expectations in its latest financial results. The chipmaker repo…
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