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AMD Shares Slip Despite Strong Q4 Earnings Beat
AMD beat earnings estimates but shares declined as investors focused on valuation and competition.
AMD reported better than expected fourth quarter earnings and issued a stronger first quarter outlook and driven by data center and AI chip demand. Despite the beat, shares fell as investors weighed valuation concerns and competitive pressures. Stock movement may hinge on execution and margins and commentary on AI revenue traction amid volatile technology markets following recent sector selloffs and shifting macro expectations.