AMD Revenue Hits Record High Amid 2X Data Center Sales Surge
Remember when AMD appeared on rocky ground? That was forever ago, and these days, the chip designer has successfully transformed itself into an enterprise hardware powerhouse. This is reflected in a string of strong earnings reports, the latest of which shows AMD achieving record revenue of $11.5 billion in the second quarter, a gain of 50% compared to the same quarter a year ago, driven by another big surge in the data center.
AMD's data center segment pulled in $6.7 billion in Q2, representing a giant 107% year-over-year gain. Enterprise server hardware, including EPYC chips and Instinct accelerators, now account for more than half (58%) of AMD's entire quarterly revenue.
"We delivered an excellent quarter, with record revenue and profitability as data center revenue more than doubled year-over-year," said Dr. Lisa Su, AMD chair and CEO. "We enter the second half with strong momentum as EPYC demand accelerates, Instinct...
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