AMD Data Center Revenue Nearly Doubles; Shares Rise 7% After Hours
AMD’s data center revenue nearly doubled, and its shares rose 7% in after-hours trading.
Story updates
09:46:39 PM UTC
SquawkNews
Advanced Micro Devices is getting the biggest boost from data centers. Data center revenue nearly doubled in the third quarter, while sales in the company's client, gaming and embedded segments remained roughly flat when taken altogether. Demand has been strengthening for AMD's Epyc data-center mic…