AMD smashes earnings expectations by almost doubling revenue
AMD smashes earnings expectations by almost doubling revenue SHARE Advanced Micro Devices Inc. showed no signs of slowing down today, delivering stellar first-quarter financial results that easily beat expectations as it almost doubled its revenue from a year ago. The company’s growth was driven by strong sales across all of its major product lines, including its Ryzen chips for personal computers, its EPYC server chips and its Radeon graphics processing units. For the first quarter, AMD reported a profit before certain costs such as stock compensation of 52 cents...
Source: siliconangle.com