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AMD reports strong Q1 earnings, seeing mixed institutional investment amid stock volatility.
Alliance Wealth Advisors increased its holdings in AMD by 11.4%, while Gemmer Asset Management reduced its shares by 5.2%, reflecting mixed institutional investment in the semiconductor company.
AMD reported strong Q1 earnings of $0.96 per share, exceeding analyst estimates, and $7.44 billion in revenue, surpassing expectations.
The company's stock has seen significant volatility with a 52-week price range of $76.48 to $187.28.
Sell-side analysts predict 3.87 EPS for the year, and AMD's market cap stands at $188.39 billion.
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AMD informa fuertes ganancias del primer trimestre, viendo una inversión institucional mixta en medio de la volatilidad de las acciones.