AMD Q2 2021 results

AMD announced revenue of $3.85 billion for the second quarter of 2021, operating income of $924 million, net income of $710 million. “Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled year-over-year,” said AMD president and CEO Lisa Su. “We are growing significantly faster than the market with strong demand across all of our businesses. We now expect our 2021 annual revenue to grow by approximately 60% year-over-year driven by strong execution and increased customer preference for our leadership products.” Gross margin was 48%, up 4 points year-over-year and