AMD CEO on earnings: It’s a strong demand environment

CNBC’s “Squawk on the Street” team discusses Advanced Micro Devices earnings and outlook amid the global chip shortage with AMD CEO Lisa Su. To see the full interview with Su sign up for a free trial to CNBC Pro: https://cnb.cx/373sp1f

AMD’s stock climbed about 5% higher after the company reported earnings of 63 cents per share, 9 cents higher than what analysts polled by Refinitiv expected. AMD also posted revenue of $3.85 billion, beating a forecast of $3.62 billion. The chip maker issued strong third-quarter revenue guidance and raised its full-year revenue guidance.

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