AMD third-quarter ’24 revenue up 18%
Buoyed by sales of Epyc and Instinct data center products.
Buoyed by sales of Epyc and Instinct data center products.
Data center sales rose 54% YoY, and graphics/gaming was up 15.7%.
15,000 employees are about to pay for management’s misfire.
Data center sales rose 427% YoY, while graphics/gaming was up just 18%.
Seasonal weakness was to be expected, but the stock took a hit on weak guidance.
The quarter was more about business and infrastructure happenings than sales and profit.