Reported 3 months ago
AMD's stock rose over 9% following the company's strong second-quarter earnings, which beat analyst expectations with adjusted earnings per share of $0.69 and revenue of $5.8 billion. CEO Lisa Su highlighted the significant growth opportunities driven by AI, particularly for their data center GPUs and CPUs. AMD's data center revenue surged 115% year-over-year, while the client segment also showed growth amidst a recovering PC market.
Source: YAHOO