AMD rides data center riches to ‘largest and most profitable’ quarter in history
CNBC
What the coverage says
Advanced Micro Devices posted its largest and most profitable quarter in history, driven by strong growth in data center sales and booming demand for artificial intelligence chips. CNBC reported that the company's third-quarter results exceeded expectations and pushed the stock up by seven percent, while The Verge noted that total revenue reached a record $13.4 billion. During the quarterly earnings call, CEO Lisa Su pointed to the unprecedented financial milestones, and the company projects that revenue will climb to another record high in the upcoming period.
Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.
Timeline
- CNBC first reported it
- The Verge reported it
- Latest update
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