AMD reports second-quarter revenue up $11.5 billion, 50% Y-Y
Profit up to $2.3 billion and a 54% gross margin.
Profit up to $2.3 billion and a 54% gross margin.
This is what a turnaround looks like.
Profit up to $1.4 billion and gross margin 53%
Sales up 7% y-y, -$3.7B loss.
Profit up to $1.8 billion and gross margin 54%.
Declares the CPU’s role in AI is essential.
AI chip demand drives strong data center revenue for AMD.
Qtr-qtr, -5.6%; Yr-yr, +8.5%.
The company offered a strong Q3 outlook on AI sales.
Lip-Bu Tan: Steps in the right direction.
No surprises as all business units are down slightly sequentially but up year over year.
The company changes its accounting to reflect focus on core products, which beat expectations for the quarter.