[FLASH] AMD Q2 revenue $11.54B up 50%, data centre up 107%; capex of $808M against ~$299M expected
AMD reported Q2 after the close on August 4 with revenue of $11.54B against roughly $11.31B expected and adjusted EPS of $1.66 against $1.62, data centre revenue of $6.7B up 107% year over year and now 58% of the company, and next-quarter guidance of about $13B at the midpoint, roughly 2.9% above consensus. Capital expenditure of $808M against an estimate near $299M is the figure publishers tie to an after-hours decline of close to 9%, against a +7.0% regular-session close. Desk context: today's board was computed on the August 4 close and therefore does not contain the after-hours reaction, which is why AMD was demoted from the buy list at the validation stage rather than carried.