What Happened With AMD Earnings?

AMD posted third-quarter revenue of $5.8 billion, exceeding estimates of $5.695 billion, and third-quarter EPS of 70 cents, beating estimates of 68 cents.

Data center revenue remained flat at $1.6 billion, while client revenue grew by 42% to $1.5 billion.

AMD reported a 51% gross margin, with operating income at $1.3 billion and net income at $1.1 billion in the third quarter...Read More

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