Advanced Micro Devices Inc., the second-largest maker of personal computer processors, gained in late trading after the company topped second-quarter estimates and said it was making further inroads in artificial intelligence computing.
Second-quarter earnings were 58 cents a share, excluding some items, AMD said in a statement Tuesday. That compared with an average analyst projection of 57 cents. Revenue came in at $5.36 billion, versus a prediction of $5.32 billion.
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