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AMD Smashes Earnings As Record Data Center Revenue Offsets A Big Dip In Gaming

AMD Smashes Earnings As Record Data Center Revenue Offsets A Big Dip In Gaming
You might not know it by looking at AMD’s stock price this morning (more on that later), but the company is coming off its biggest-performing quarter, with third-quarter revenue tallying $6.8 billion. That’s an 18% increase year-over-year and a 17% jump sequentially. This led to a monster gain in net income (profit), which shot up 158% year-over-year

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Author: Paul Lilly