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AMD’s revenue declines but tops estimates; AI investments expected to fuel growth

  • Despite an 18% decline in revenue, AMD’s fiscal Q2 results exceeded estimates.
  • A slowdown in the processor business has hit overall sales, but growth in AI-related investments and data center business is anticipated.
  • Despite a weaker PC market, AMD expects its client segment to rebound during the latter part of the year due to a strong product portfolio.
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