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Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019.
David Paul Morris | Bloomberg | Getty Images
AMD reported fourth-quarter earnings after the bell on Tuesday, beating analyst estimates for earnings and sales, and delivered a very strong sales forecast for 2022.
AMD stock rose over 11% in at one point during extended trading.
Here’s how the chipmaker did versus per Refinitiv consensus estimates in the quarter ending Dec. 25:
- EPS: $0.92, adjusted, versus $0.76 estimated, up 26% year-over-year
- Revenue: $4.83…
Source cnbc.com
