TradingKey – AMD ( AMD) reported second-quarter fiscal 2026 financial results that overall exceeded market expectations. However, because investors had already placed extremely high expectations on its AI business, and its third-quarter revenue guidance failed to fully satisfy the most optimistic forecasts, the company’s stock fell 9% in after-hours trading.

Source: Google Finance

According to the earnings report, for the second quarter ended June 27, AMD achieved revenue of $11.54 billion, up 50% year-on-year, higher than the market expectation of $11.28 billion. Adjusted earnings per share were $1.66, also exceeding the $1.62 expected by analysts. Net income increased to $2.3 billion, a substantial rise from $872 million in the same…