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Advanced micro devices inc., the main contender to nvidia corp The company attributed the increase to the ramp of its instinct chip The company’s gross margin increased to 54%, fueled by strong demand across its data center, client, and gaming segments.
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Advanced micro devices (amd) reported its q3 earnings after the bell on tuesday topped analysts' expectations on earnings and revenue and provided strong fourth quarter guidance Sales across amd's data center division, which includes its ai chips, jumped 69% to $3.9 billion The company said it expects revenue of $7.1bn in q1 2025, plus or minus $300 million.
Amd reports q3 revenue up 36% yoy to $9.24b, vs
$8.7b est., data center revenue up 22% to $4.3b, and forecasts q4 revenue below the highest projections — advanced micro devices inc., the main contender to nvidia corp In the artificial intelligence chip market, failed to impress investors …
