After-Hours Drop Follows Strong Q2 for AMD as Expectations Outpace Results
Advanced Micro Devices reported a record Q2 with $11.54 billion in revenue and $1.66 of adjusted EPS, beating consensus on both measures. Yet the stock fell 9.1% in after-hours trading as results missed traders' loftier whisper expectations and investors demanded clearer near-term visibility despite accelerating EPYC demand and an early ramp of the…