AMD shares dive over 8% after results
1. AMD CEO anticipates a decline in data center sales, impacting AI revenue. 2. Shares of AMD fell nearly 9% in Europe following the forecasted decline.
1. AMD CEO anticipates a decline in data center sales, impacting AI revenue. 2. Shares of AMD fell nearly 9% in Europe following the forecasted decline.
Forecasted decline in data center sales could directly reduce AMD's market revenue, similar to past revenue drops impacting stock price.
The forecast regarding data center sales is critical as it directly influences AMD's core revenue from AI technologies.
Immediate forecast concerns often lead to quick stock price reactions; similar past warnings have caused swift declines.