AMD's Q4 Earnings Report: Solid Results, but Stock Takes a Hit #latestnews #todaynews

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AMD's stock experienced a decline despite reporting solid fourth-quarter results that exceeded Wall Street expectations for both revenue and earnings. The company's data center revenue, although up 69% year-over-year to $3.86 billion, fell short of estimates, leading to a 5% drop in its stock price. Despite this, AMD's full-year data center division revenue increased by 94% to $12.6 billion. Analysts remain mixed, with some downgrading the stock and others highlighting its potential.
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