AMD more than doubles its data center revenue, but its stock falls on concerns over rising capex
After seeing its stock rise more than 7% during the regular trading session earlier today, Advanced Micro Devices Inc. AMD's significant growth in the data center sector, while positive, is being overshadowed by increased capital expenditure needs.
https://meta-news.info/ver/amd-more-than-doubles-its-data-center-revenue-but-its-stock-falls-on-concerns-over-rising-capex
After seeing its stock rise more than 7% during the regular trading session earlier today, Advanced Micro Devices Inc. AMD's significant growth in the data center sector, while positive, is being overshadowed by increased capital expenditure needs.
https://meta-news.info/ver/amd-more-than-doubles-its-data-center-revenue-but-its-stock-falls-on-concerns-over-rising-capex