News-News.Zip

News in English (USA) / 06.08.2025 / 08:00

AMD Reports Mixed Q2 Results Amid China Export Concerns

AMD has released its second quarter financial results, showing a record revenue of $7.7 billion and strong sales growth, particularly in its gaming division, which saw a 73% increase thanks to demand for new Radeon GPUs. Despite beating revenue expectations, the company faced challenges as its earnings fell short, particularly due to disappointing data center results and ongoing concerns regarding export restrictions to China affecting its AI chip market access. Analysts remain divided, with some highlighting the solid sales forecast for the next quarter while others warn that the stock may be overvalued. The market reacted negatively, with shares sliding despite a positive outlook driven by AI demand.
AMD, CNBC, The Wall Street Journal, Yahoo Finance, Sherwood News, TipRanks, Nasdaq, Reuters, Bloomberg.com, "Barrons"