Loading...
Loading...
AMD $AMD Q2 REVENUE UP 50% TO $11.54B, DATA CENTER MORE THAN DOUBLES • Revenue: $11.54B vs $11.28B est, +50%, beat • Adjusted EPS: $1.66 vs $1.62 est, beat • Data center revenue: $6.72B vs $6.48B est, more than doubled, beat Q3 guidance: revenue about $13B plus or minus $300M vs $12.52B est, non-GAAP gross margin about 56%. The company expects data center sales to accelerate in the second half of 2026. CEO Lisa Su said in July that second-generation Helios AI servers, built around the MI455X accelerator and "Venice" processor from TSMC $TSM, are in full production and ship in the coming months.
Source:https://x.com/faststocknewss/status/2084735539711037689
Impact Score