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AMD Forecast Disappoints as Investors Seek Bigger AI Payoff

Advanced Micro Devices reported first-quarter sales will be roughly $9.8 billion, plus or minus $300 million, the company said in a statement Tuesday. Analysts had estimated $9.39 billion on average, but some projections topped $10 billion, according to data compiled by Bloomberg. Kunjan Sobhani has more on “Bloomberg The Close.” (Source: Bloomberg)