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AMD Earnings: 50% Sales Growth, Earnings Quadruple, Shares Fall 6%

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AMD Earnings: 50% Sales Growth, Earnings Quadruple, Shares Fall 6%

Advanced Micro Devices (NASDAQ: AMD) reported fourth-quarter results on Tuesday evening, and the graphics and system processor designer managed to exceed analysts' estimates across the board. The company set conservative revenue targets for the next quarter and fiscal year. Here's a closer look at AMD's results and upcoming growth prospects.

Metric

Q4 2019

Source Fool.com

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