AMD reports earnings and revenue that top expectations

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Advanced Micro Devices Inc. shares fell in the extended session Tuesday as the chip maker highlighted its AI and data-center products for the second half of the year, but admitted it will take a rebound in the PC market to improve gross margins.

AMD AMD shares fell 6.5% after hours, following a 0.3% rise to close the regular session at $89.91, less than 0.1% above what they were 12 months ago.

AMD…

This article was originally published by Marketwatch.com. Read the original article here.

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