AMD's Q2 earnings exceeded expectations, with data center sales more than doubling year-over-year.

AMD's Q2 earnings exceeded expectations, with data center sales more than doubling year-over-year. The company sold over $1 billion of its MI300 chips and reported a 115% increase in their data center category. AMD's earnings per share were $0.69, higher than the expected $0.68, and revenue reached $5.84 billion, surpassing the $5.72 billion consensus.

July 30, 2024
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