AMD's Roaring Earnings Can't Save Its Stock from Sinking Advanced Micro Devices' (AMD) second quarter earnings have left investors perplexed. The company's revenue soared 50% year over year to $11.
54 billion, with its Data Center unit more than doubling in sales to $6. 7 billion.
However, despite beating expectations on both fronts, AMD's stock plummeted in extended trading after initially rising during regular hours.