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flag AMD reported a 36% revenue increase, buoyed by strong data center sales, despite export restrictions.

flag AMD reported strong first-quarter earnings, surpassing expectations with a 36% year-over-year revenue increase to $7.4 billion. flag Data center revenue surged 57%, driven by sales of EPYC CPUs and Instinct GPUs. flag Despite a projected $1.5 billion hit from U.S. export restrictions on AI chips to China, investors remain optimistic about AMD's growth in the AI market. flag Shares initially rose but slightly dipped after the earnings release.

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