MoneyThe story, in brief
AMD more than doubles its data center revenue, but its stock falls on concerns over rising capex
AMD doubled data center revenue. Wall Street is spooked anyway—capex concerns erased a 7% rally in after-hours trading.
The KeyNews take
Why it matters
AMD's AI infrastructure play is delivering revenue growth, but the market is pricing in the cost of the compute buildout arms race. The stock reaction signals investor unease about whether data-center margin expansion can justify accelerating capital spend.
The key facts
5 to knowAMD reported Q2 adjusted EPS of $1.66 vs. consensus $1.62 (beat)
Data center revenue more than doubled year-over-year
Stock rose 7% during regular session, all gains erased in extended trading
Primary driver of sell-off: rising capex concerns
Published August 4, 2026 — Q2 earnings announcement
Go to the source
SiliconAnglesiliconangle.com
Publisher excerpt: After seeing its stock rise more than 7% during the regular trading session earlier today, Advanced Micro Devices Inc. saw all of those gains wiped out in extended trading after narrowly beating expectations in its latest financial results. The chipmaker reported second-quarter adjusted earnings of…