Wednesday, 5 August, 2026
Sky-High AI Expectations Ground AMD: Record Q2 Beats Wall Street, but Outlook Falls Short
By TechShots Studio
Despite beating Q2 estimates with a record $11.54 billion in revenue—fueled by its data center sales doubling—AMD’s stock dropped nearly 9%. Investors were left underwhelmed as third-quarter guidance of $13 billion failed to satisfy lofty AI market expectations, illustrating how supply chain constraints and hyper-inflated valuations leave chipmakers with virtually zero margin for error.
Read full story at REUTERS