AMD data center results disappoint, shares slump
SummaryCompaniesAMD's data center revenue grew 14% to $3.2 billionAMD's AI chip shipments to China await US license approvalAMD forecasts $1.5 billion revenue hit due to US curbs on China exportsAug 5 (Reuters) - Advanced Micro Devices (AMD.O), opens new tab on Tuesday reported disappointing data center revenue, a segment which includes lucrative artificial intelligence chips that investors are betting on for rapid growth.Shares of the Santa Clara, California-based company slumped roughly 4% in ...
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