Advanced Micro Devices (AMD) results - shares popped a little ...Middle East

Adjusted EPS: $0.48, slightly below the street’s $0.49 estimate

$800 million in inventory and related charges were recorded due to U.S. export controls

Revenue: $8.7 billion for Q3, ahead of expectations at $8.31 billion

Revenue Outlook: Current forecast excludes any revenue from MI308 AI chip shipments to China due to ongoing regulatory uncertainty

AMD shares rose circa 2% following the release.

This article was written by Eamonn Sheridan at investinglive.com.

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