AMD Beats Wall Street Sales Expectations in Third Quarter
AMD reported $13.4 billion in third-quarter sales, beating Wall Street expectations. Its transition toward a data-center-first business advanced, while a deal with OpenAI weighed on net income.
By Robbie WhelanAdvanced Micro Devices beat Wall Street's sales expectations and made progress in its transition to becoming a data center-first company, even as a deal it made last year with OpenAI weighed on its third-quarter net income.The chip designer reported $13.4 billion in sales in the qua…