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AMD doing well as profits are Ryzen and bottom line is EPYC
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AMD doing well as profits are Ryzen and bottom line is EPYC
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30th July 2020, 07:17
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 149,252
 |  AMD doing well as profits are Ryzen and bottom line is EPYC Sales up 26 percent thanks to Ryzen and Epyc AMD reported better than expected second quarter results as sales surged 26 percent on strong demand for Ryzen PC chips and Epyc server processors. The outfit reported net income of $157 million on a revenue of $1.93 billion. The cocaine nose jobs of Wall Street had predicted that AMD would report second quarter revenue of $1.86 billion so AMD shares went up on the back of the announcement. AMD CEO Lisa Su said the Ryzen and Epyc revenue more than doubled in the quarter compared to a year ago. The company projected third quarter revenue of about $2.55 billion, give or take $100 million, up 42 percent from last year. AMD said that year over year and sequential increases are expected to be primarily driven by Ryzen and EPYC processor sales and next generation semi-custom products. https://fudzilla.com/news/51259-amd-...fits-are-ryzen |
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