Amd Cites Enterprise Cloud Strength In Q3 Beat Higher Year View
The report sent AMD shares up 1.5% in late trading. CEO Dr. Lisa Su called it “another record quarter as revenue grew 54% and operating income doubled year-over-year.” Added Su, “3rd Gen EPYC processor shipments ramped significantly in the quarter as our data center sales more than doubled year-over-year. “Our business significantly accelerated in 2021, growing faster than the market based on our leadership products and consistent execution,” she added....