Why Advanced Micro Devices (amd) Stock Is Spiking After Hours

NEW YORK (TheStreet) -- Advanced Micro Devices stock is gaining in extended trading after the company reported a better-than-expected first quarter. After the bell, shares added 3.3% to $3.81. Over the three months to March, the chipmaker recorded break-even earnings, in line with analysts' estimates, and revenue 28.4% higher year over year to $1.4 billion.

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