AMD stock rises on Q4 earnings beat, strong guidance

Tue, Feb 4, 2025, 1:28 PM

Advanced Micro Devices (AMD) stock is climbing in extended-hours trading after topping fourth quarter earnings estimates, reporting revenue of $7.66 billion (vs. estimates of $7.54 billion) and adjusted earnings per share that were in line at $1.09. The chipmaker also topped first quarter guidance forecasts, anticipating revenue between $6.8 billion to $7.4 billion.

Market Domination Overtime co-hosts Julie Hyman and Josh Lipton react to AMD's earnings release, specifically the company's data center segment.

To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Luke Carberry Mogan.