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AMD reports weaker-than-expected earnings even as revenue tops estimates

204d ago
Business
CNBC
Business meeting
AMD reported earnings that fell short of expectations, despite exceeding revenue estimates. The company, a major player in the AI graphics processing unit market, is facing challenges related to chip export controls, impacting its overall performance. This news highlights the complexities tech companies face navigating international trade regulations while striving for growth in the competitive AI sector.
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