AMD reported quarterly earnings on Tuesday that missed expectations. The company trails Nvidia in the market for graphics processing units, or GPUs. Big customers such as Meta and OpenAI are increasingly looking to AMD to provide an alternative to Nvidia's chips,

Advanced Micro Devices reported second-quarter revenue and issued current-quarter guidance above analysts' projections Tuesday, but shares slipped in after-hours trading.

The chipmaker sets September-quarter guidance above Wall Street’s expectations but doesn’t factor in a restart of China sales

Investors likely wanted more upside after a rally in the stock price over the past three months. The chip maker reported second-quarter adjusted earnings per share of 48 cents, in line with Wall Street’s consensus estimate,

Advanced Micro Devices (AMD) is set to report second-quarter results after the closing bell on Tuesday, with traders anticipating a sizable move from the chipmaker's stock. Current options pricing suggests traders expect the stock could move more than 7% by the end of this week,