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AMD Meets Earnings Estimates But Stock Drops On Poor Outlook

Total revenue came in at $1.53 billion versus $1.76 billion a year ago. AMD stated that both its Computing and Graphics and Semi-Custom segments contributed to the year-over-year 13 percent decline in revenue.

Shares of AMD have dropped.. and as of this writing are down nearly 5 percent to $32.43 in after-hours trading.

Attached Files AMD-Q2-19-Overall.jpg

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