AMD and SanDisk Set A High Bar For Nvidia
AMD and SanDisk (SNDK) delivered earnings beats this week, yet both stocks fell. AMD posted record revenue up 50% year over year, with data center revenue more than doubling. Its CEO Lisa Su said she expects "Data Center sales to accelerate in the second half of 2026." Guidance for the current quarter came in near Wall Street estimates, but it fell short of "whisper" expectations. Despite the seemingly good earnings, AMD shares initially fell by more than 8% and remain down by a similar amount a few days later. SanDisk's earnings report was similar. Its EPS beat consensus by more than 12%…
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