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Technology Stocks : Semi Equipment Analysis
SOXX 291.39+2.8%Nov 26 4:00 PM EST

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Donald Wennerstrom
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To: Donald Wennerstrom who wrote (82460)1/29/2019 9:02:40 PM
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AMD shares jump on record growth in data center revenue
Shariq Khan, Vibhuti Sharma

January 29, 2019 / 4:36 PM / Updated 2 hours ago

(Reuters) - Chipmaker Advanced Micro Devices Inc on Tuesday reported record quarterly growth in data center sales and projected revenue growth in fiscal 2019 above Wall Street expectations, sending its shares up 10 percent after the bell.

Investors were bracing for weak results from AMD after warnings from a host of other chipmakers about a slowdown in China that was triggered by a trade dispute with the United States.

continues at reuters.com
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