<p><strong>AMD</strong>(AMD -8.47%) 的股票在周三的交易中遭遇大幅回调，此次回调发生在公司最新财报发布之后。该半导体公司的股价在东部时间上午 11 点下跌了 9.2%。</p>
<p>AMD 在昨天市场收盘后发布了第二季度业绩，报告的收益符合华尔街的预期，而销售额则超出预期。尽管公司发布了令人鼓舞的未来销售指引，但其人工智能（AI）图形处理单元（GPU）的增长放缓，低于预期。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjgyNDUvZ2V0dHlpbWFnZXMtMTQ2MTMyMzEyNi5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="393" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjgyNDUvZ2V0dHlpbWFnZXMtMTQ2MTMyMzEyNi5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>AMD 股票在财报发布后遭遇大幅抛售</h2>
<p>在第二季度报告中，AMD 公布了每股非公认会计原则（调整后）收益为 0.48 美元，营收为 76.9 亿美元。该期间的收益与华尔街分析师的平均预期相符，而销售额则比预测高出 2.6 亿美元。尽管销售额同比增长 31.7%，但投资者对该期间的收入构成感到困惑。</p>
<p>AMD 的个人电脑和服务器的中央处理单元（CPU）以及游戏用的 GPU 的销售占据了比市场预期更大的收入份额。同时，公司 AI 数据中心 GPU 的强劲增长是过去几个月股票估值上涨的核心因素。投资者今天因 AI GPU 销售未达预期而抛售该股票。</p>
<h2>AMD 接下来会怎样？</h2>
<p>AMD 预计第三季度销售额将在 84 亿美元到 90 亿美元之间，显著高于分析师平均预期的 83.2 亿美元。如果达到管理层指引范围的中点，将意味着同比销售增长约 28%。</p>
<p>AMD 的第二季度业绩和当前季度的指引远非糟糕，但低利润率的 CPU 销售似乎占据了公司增长的比重超出预期。尽管 AI GPU 销售的失利令人失望，但在今天的回调后，该股票值得长期投资者更深入的关注。</p>

AMDL

<p>AMD 的股票在发布第二季度财报后下跌了 9.2%，尽管其盈利符合预期且销售超出预期。公司报告的调整后每股收益为 0.48 美元，营收为 76.9 亿美元，同比增长 31.7%。然而，人工智能 GPU 销售增长低于预期引发了投资者的担忧，导致抛售。AMD 对第三季度销售的指导在 84 亿美元到 90 亿美元之间，预计同比增长 28%。尽管出现回调，但该股票仍可能吸引长期增长投资者</p>

<p><strong>AMD</strong>(AMD -8.47%) stock is getting hit with a big pullback in Wednesday's trading following the company's latest earnings report. The semiconductor specialist's share price was down 9.2% at 11 a.m. ET.</p>
<div class="lb-trans"><p><strong>AMD</strong>(AMD -8.47%) 的股票在周三的交易中遭遇大幅回调，此次回调发生在公司最新财报发布之后。该半导体公司的股价在东部时间上午 11 点下跌了 9.2%。</p>
</div><p>AMD published its second-quarter results after the market closed yesterday and reported earnings that were in line with Wall Street's targets and sales that beat expectations. While the company issued encouraging forward sales guidance, growth for the company's artificial intelligence (AI) graphics processing units (GPUs) slowed and was weaker than anticipated.</p>
<div class="lb-trans"><p>AMD 在昨天市场收盘后发布了第二季度业绩，报告的收益符合华尔街的预期，而销售额则超出预期。尽管公司发布了令人鼓舞的未来销售指引，但其人工智能（AI）图形处理单元（GPU）的增长放缓，低于预期。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjgyNDUvZ2V0dHlpbWFnZXMtMTQ2MTMyMzEyNi5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F828245%2Fgettyimages-1461323126.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>AMD stock is seeing big post-earnings sell-offs</h2>
<div class="lb-trans"><h2>AMD 股票在财报发布后遭遇大幅抛售</h2>
</div><p>With its Q2 report, AMD posted non-GAAP (adjusted) earnings per share of $0.48 on revenue of $7.69 billion. Earnings for the period matched the average Wall Street analyst estimate, and sales for the period came in $260 million better than called for by the forecast. While sales were up 31.7% year over year, investors are having a problem with the revenue composition for the period.</p>
<div class="lb-trans"><p>在第二季度报告中，AMD 公布了每股非公认会计原则（调整后）收益为 0.48 美元，营收为 76.9 亿美元。该期间的收益与华尔街分析师的平均预期相符，而销售额则比预测高出 2.6 亿美元。尽管销售额同比增长 31.7%，但投资者对该期间的收入构成感到困惑。</p>
</div><p>Sales for AMD's central processing units (CPUs) for PCs and servers and GPUs for gaming accounted for a bigger share of revenue than the market expected. Meanwhile, stronger growth for the company's AI data center GPUs has been central to valuation gains for the stock over the last few months. Investors are selling out of the stock today in response to AI GPU sales missing the mark.</p>
<div class="lb-trans"><p>AMD 的个人电脑和服务器的中央处理单元（CPU）以及游戏用的 GPU 的销售占据了比市场预期更大的收入份额。同时，公司 AI 数据中心 GPU 的强劲增长是过去几个月股票估值上涨的核心因素。投资者今天因 AI GPU 销售未达预期而抛售该股票。</p>
</div><h2>What's next for AMD?</h2>
<div class="lb-trans"><h2>AMD 接下来会怎样？</h2>
</div><p>AMD is guiding for third-quarter sales to come in between $8.4 billion and $9 billion -- significantly ahead of the average analyst estimate's call for revenue of $8.32 billion in the period. Hitting the midpoint of management's guidance range would mean delivering year-over-year sales growth of roughly 28%.</p>
<div class="lb-trans"><p>AMD 预计第三季度销售额将在 84 亿美元到 90 亿美元之间，显著高于分析师平均预期的 83.2 亿美元。如果达到管理层指引范围的中点，将意味着同比销售增长约 28%。</p>
</div><p>AMD's Q2 results and guidance for the current quarter were far from bad, but it seems sales on lower-margin CPUs are accounting for a larger-than-expected share of the company's growth. While the miss on AI GPU sales is disappointing, the stock deserves a closer look from growth investors with a long-term outlook after today's pullback.</p>
<div class="lb-trans"><p>AMD 的第二季度业绩和当前季度的指引远非糟糕，但低利润率的 CPU 销售似乎占据了公司增长的比重超出预期。尽管 AI GPU 销售的失利令人失望，但在今天的回调后，该股票值得长期投资者更深入的关注。</p>
</div>

Why AMD Stock Is Plummeting Today

- AMD 股价在最新财报发布后大幅下跌 9.2%。
- 第二季度每股收益为 $0.48，营收 $76.9 亿，超出预期。
- AI GPU 销售增长放缓导致投资者抛售，影响股价表现。

为什么 AMD 的股票今天大幅下跌