AMD beats Q4 on AI-driven data center gains, but shares dip after hours

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Source: Seeking Alpha
AMD beats Q4 on AI-driven data center gains, but shares dip after hours
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TL;DR Summary

AMD topped Q4 estimates with adjusted earnings of $1.53 per share and issued strong Q1 guidance of $9.5-$10.1 billion with a 55% gross margin, driven by a 39% Data Center rise from AI accelerators and a 50% jump in Gaming GPUs, but shares fell about 4% in after-hours trading amid concerns about decelerating revenue growth.

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