TNW | Semiconductors
AMD expects to outsell Intel for the first time after a record quarter
AMD’s earnings show data centre revenue up 97% to $8.5 billion in a record $13.4 billion quarter. Gaming fell 40%, and free cash flow dropped by almost two thirds.
By TNW | Semiconductors
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·Excerpt
AMD expects about $17 billion in revenue this quarter. If it gets there, it will sell more than Intel in a quarter for the first time. The forecast came with record third-quarter results. Its data centre business nearly doubled, while gaming sales fell by 40%.
Revenue rose 45% to $13.4 billion…
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