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Advanced Micro's Mixed Earnings Results Add Fuel To Direxion's AMD-Focused Bull And Bear Funds
Benzinga· 2025-08-11 19:42
Amid growing concerns about economic stability and the implementation of President Donald Trump's trade tariffs, investors have been anxious this earnings season. Case in point is semiconductor giant Advanced Micro Devices Inc. AMD, which recently disclosed a mixed performance for its financial disclosure. Initially, the results sent AMD stock plunging during the midweek session before a recovery in the following day. The Direxion ETFs: Still, AMD stock managed to gain roughly 6% in the following session on ...
AMD Q2 Earnings: Revenue Beat, EPS Miss, 'Robust' AI Product Demand Positions Company For 'Significant Growth' In Back Half Of Year
Benzinga· 2025-08-06 04:35
Advanced Micro Devices Inc AMD reported financial results for the second quarter after the market close on Tuesday. Here’s a look at the key details from the chipmaker’s report.Q2 Earnings: AMD reported second-quarter revenue of $7.69 billion, beating analyst estimates of $7.41 billion, according to Benzinga Pro. The company reported second-quarter adjusted earnings of 48 cents per share, missing estimates of 49 cents per share.Total revenue was up 32% year-over-year. Here's a breakdown of revenue by segmen ...