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AMD records $13.4 billion in Q3 revenue driven by AI demand

MarketWatch +2 · ·by G4L

AMD Advanced Micro Devices Inc
$515.21 +1.30%
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  1. 1AMD recorded $13.4 billion in Q3 revenue, representing a 45% increase compared to the same period last year.
  2. 2AMD data center revenue reached $8.5 billion, achieving a 97% increase in the data center segment.
  3. 3CEO Lisa Su stated that the company achieved a record quarter exceeding the upper end of guidance.

So what's the key point?

AMD recorded $13.4 billion in Q3 revenue due to AI demand. The company achieved record results as data center revenue grew significantly.

Source MarketWatch +2 · View original ↗

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