AMD surges 12% after trouncing quarterly estimates and snagging market share from rivals
Wednesday, 29 July 2020 ()
· *Advanced Micro Devices beat second-quarter estimates and forecasted better-than-expected sales when it reported earnings Tuesday afternoon.*· *Notebook and server processor sales fueled a quarterly profit of $157 million, CEO Lisa Su said in the report.*
· *AMD launched 11.6% higher in early Wednesday trading.*
· *The...