Reported 3 months ago
AMD reported better-than-expected earnings for Q2 2024, with adjusted earnings per share of $0.69 and revenue of $5.8 billion, driven by strong demand for AI-related products. The company's Data Center revenue skyrocketed by 115% from the previous year, reflecting a robust performance in the growing AI sector. Following the announcement, AMD shares rose over 9% in pre-market trading.
Source: YAHOO