ChipsReutersabout 2 hours ago
AMD Revenue Beats Estimates on AI Growth
2 min read
AMD forecasts fourth-quarter revenue of about $17 billion, surpassing analyst estimates of $16.23 billion. Data-center revenue jumped 97% to a record $8.55 billion, driven by strong demand for chips challenging Nvidia. The company's adjusted profit reached $2.09 per share, while client sales fell 8% to $3.72 billion.
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