AMD spiking to the upside after reporting earnings that beat the markets expectations. But the real highlight of the report gaining all of the attention is the Data-center business. This segment has seen a significant downturn in demand over the last several quarters and the investors were wondering when the “bottom” may be in. Well AMD’s data center sales rose 42% year over year and executives issued guidance that said declines in Client, which is PCs, and gaming, will be offset by data-center and embedded sales. Inventory levels were still higher than analyst expectations but the company stated that they are still undershipping, which means they will “encourage” their customers to sell through their own inventory until the proper equilibrium is achieved. That could take some time but they’re confident that demand dynamics will shift for the better in the second half of the year. If you like the video please share, like and subscribe.

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