US Stock Movement | AMD (Advanced Micro Devices, Inc.) drops over 7% as Q3 revenue guidance falls short of expectations
智通财经2026/08/05 15:16Show original
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According to Zhihu Finance APP, on Wednesday, AMD (AMD.US) fell by more than 7%, closing at $480.71. After the market closed on August 4th, AMD released its second quarter financial report. Although revenue and profit both exceeded expectations, the median revenue guidance for the third quarter was about $13 billion, which did not meet the high expectations of some aggressive investors of over $14 billion. Capital expenditures in the second quarter reached $808 million, far exceeding the market estimate of $298.6 million and showing a significant year-on-year increase, raising concerns in the market about the potential erosion of the company's profitability.
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