ChipsQuartzabout 2 hours ago
AMD Earnings Beat Estimates on Data Center Growth
2 min read
AMD reported third-quarter revenue of $13.4 billion, up 45% from a year earlier, as Data Center segment revenue rose 97% to a record $8.5 billion. Adjusted earnings were $2.09 a share, up from $1.20 a year earlier. The company forecast fourth-quarter revenue of about $17 billion, plus or minus 3%, while stock rose in extended trading.
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