AMD's data center business did $8.5 billion last quarter. A year ago it was $4.3 billion. Next quarter they're guiding to about $17 billion in total revenue, up roughly 66% from a year ago. Wall Street was expecting $16.2 billion. The stock fell three straight days going into the report on fears that AI spending is overdone. The company selling the chips sure isn't seeing a slowdown yet.
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