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AMD records $13.4 billion in total Q3 revenue as data center sales grow 97%

The Motley Fool +1 · ·by G4L

AMD Advanced Micro Devices Inc
$515.21 +1.30%
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  1. 1AMD recorded $13.4 billion in revenue during the third quarter, a 45% increase compared to the same period last year across its three core business segments.
  2. 2Data center segment revenue reached $8.5 billion in the third quarter, representing 97% growth.
  3. 3CEO Lisa Su believes data center revenue will more than double by 2027, accounting for 80% of total revenue.

So what's the key point?

AMD generated $13.4 billion in revenue in the third quarter. The data center segment grew significantly and is expected to account for 80% of total revenue in the future.

Source The Motley Fool +1 · View original ↗

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