AMD's revenue climbs 50% and data center sales doubled, but the stock is down

Advanced Micro Devices (AMD) reported a 50% revenue increase in its latest quarter, with data center sales doubling, yet the stock declined. The company's data center unit grew 107% year over year, according to CNBC.

AMD's revenue climbs 50% and data center sales doubled, but the stock is down Source: CNBC Technology https://www.cnbc.com/technology/ AMD's data center unit is driving the company's growth, up 107% over last year. Get AI news in your inbox Daily digest of what matters in AI. Get AI news in your inbox Daily digest of what matters in AI.