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AMD Stock: Chipmaker Posts Beat-And-Raise Q4 Report
Advanced Micro Devices (AMD) late Tuesday beat Wall Street’s targets for the fourth quarter and guided higher than views for the current period. But AMD stock fell in extended trading. The fabless chipmaker earned an adjusted $1.09 a share on sales of $7.66 billion in the December-ended quarter. Analysts polled by FactSet had expected AMD…