Lates News

In the first quarter, AMD's revenue was $7.44 billion, while analysts expected $7.12 billion. Capital expenditures for the first quarter were $2.12 billion, higher than analysts' expectations of $1.726 billion. Research and development expenses in the first quarter were $1.73 billion, slightly higher than analysts' expectation of $1.69 billion. It is expected that the revenue in the second quarter will be approximately $7.4 billion with a range of +/- $300 million. AMD's stock fell after hours.