Advanced Micro Devices (AMD) results:Adjusted EPS: $0.48, slightly below the street’s $0.49 estimateRevenue: $7.69 billion, above the forecast of $7.40 billion$800 million in inventory and related charges were recorded due to U.S. export controlsGuidance:Revenue: $8.7 billion for Q3, ahead of expectations at $8.31 billionGross Margin: Q3 GAAP gross margin projected at ~54%Revenue Outlook: Current forecast excludes any revenue from MI308 AI chip shipments to China due to ongoing regulatory uncertaintyAMD shares rose circa 2% following the release. This article was written by Eamonn Sheridan at investinglive.com.