Is AMD The Best Semiconductor Stock? AMD Post-Earnings Insight

Advanced Micro Devices (AMD) reported a beat-and-raise result at the mid-point in its Q1 earnings. The quarter provided a view of how the company's business has fared since AMD closed on its acquisition of Xilinx in mid-February and later began to operate on a combined basis with Xilinx. The headline numbers featured upside for both EPS and revenue and strong revenue guidance for Q2 and FY22. Its server business is booming, but its PC business is indeed slowing just like Intel (INTC) reported.

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