EconomyAMD posts record quarter as data center business nearly doubles and gaming slumps
AMD reported record third-quarter revenue of $13.4 billion, up 45 percent year over year. Data center revenue rose 97 percent to $8.5 billion, while gaming cratered. AMD forecasts about $17 billion in fourth-quarter revenue; if both companies meet expectations, it would surpass Intel's revenue for the first time.
AMD posts record quarter as data center business nearly doubles and gaming slumps
Economy