AMD defies crypto blues; stock jumps as Q2 results beat street view

Semiconductor firm Advanced Micro Devices (AMD) reported upbeat earnings for the second quarter when revenues surged as the strong demand for products in the PC and server markets more than offset a slump in GPU sales to crypto miners. Following the announcement, AMD shares gained more than 5% in the after-hours trading Wednesday. The company … Continue reading AMD defies crypto blues; stock jumps as Q2 results beat street view