AMD stock flat following strong Q3 earnings beat, as data center revenue climbs 97% - Yahoo Finance — SkimNews
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- AMD posted a strong Q3 earnings beat, with data-center revenue climbing 97%.
- AMD shares traded flat following the Q3 earnings beat, a muted immediate market move.
- AMD was reported sliding after Intel earnings highlighted “two big issues,” a separate negative market reaction from the flat trading cited after its Q3 beat.
- Intel was linked to a “massive warning” for AMD stock investors, while a separate headline asked whether AMD investors should book profits before Nov. 3.
Why it matters: For AMD shareholders, the 97% data-center revenue increase supplies the concrete operating strength behind the Q3 beat. But the flat share reaction, the separate post-Intel slide and the Nov. 3 profit-taking question show that the stock narrative was not uniformly positive, making Intel-linked concerns the sharper counterweight to the upbeat headline.
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