AMD Reports Strong Revenue Growth Driven by Data Center Sales

AMD announced a 50% increase in overall revenue, with data center revenue more than doubling year-over-year. Despite the strong performance, the company's stock experienced a decline after the earnings report.

4 Aug, 21:12 — 4 Aug, 21:12

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cnbcMostly Factual1h ago

AMD's revenue climbs 50% and data center sales doubled, but the stock is down

AMD's Data Center unit is driving the company's growth, up 107% over last year.

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First report: cnbc · 4 Aug, 21:12|Full coverage: 2 · 2m|Window: 2m

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cnbc4 Aug, 21:12First to report

AMD's revenue climbs 50% and data center sales doubled, but the stock is down

seeking-alpha4 Aug, 21:13Latest update

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AMD Reports Strong Revenue Growth Driven by Data Center Sales

Sources

AMD's revenue climbs 50% and data center sales doubled, but the stock is down

Coverage Timeline

AMD's revenue climbs 50% and data center sales doubled, but the stock is down

AMD in charts: Data center revenue more than doubles Y/Y, Gaming revenue breaks Y/Y streak

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