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AMD reported a 36% revenue increase, buoyed by strong data center sales, despite export restrictions.
AMD reported strong first-quarter earnings, surpassing expectations with a 36% year-over-year revenue increase to $7.4 billion.
Data center revenue surged 57%, driven by sales of EPYC CPUs and Instinct GPUs.
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.
Shares initially rose but slightly dipped after the earnings release.
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AMD reportó un aumento de ingresos del 36%, impulsado por fuertes ventas de centros de datos, a pesar de las restricciones a la exportación.