AMD’s Q2’22 results

  Unlike some of its competitors, AMD drove sales up in Q2 (above guidance and helped by Xilinx), although its expenses went up more, and margins and profit dropped. “We delivered our eighth-straight quarter of record revenue based on our strong execution and expanded product portfolio,” said AMD Chair and CEO Lisa Su. “Each of our segments grew significantly year-over-year, led by higher sales of our data center and embedded products. We see continued growth in the back half of the year, highlighted by our next-generation 5 nm product shipments and supported by our diversified business model.” Revenue of $6.6