π AMD $AMD -8% premarket despite record $11.5B revenue β free cash flow crash kills rally
AMD crushed Q2 estimates with revenue of $11.54B (+50% YoY) and EPS of $1.66 vs $1.62 expected, with data-center revenue hitting a record $6.72B. But free cash flow fell 39% quarter-over-quarter and guidance didn't blow anyone away β stock had already rallied 7% into the print, setting a sky-high bar. Classic buy-the-rumor, sell-the-news situation on a name that still has enormous AI upside. Not financial advice. Is this a dip to buy or is NVDA eating AMD's lunch all over again?
β‘ 40 buzzing
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