AMD Projects Rapid Revenue Acceleration in Fourth Quarter

T1Covered by 1 source · first reported by The Information (teasers) at 03 Nov, 22:09 UTC

AI server chip designer Advanced Micro Devices said Tuesday that revenue in the current quarter would rise about 65% year over year, or 20 percentage points faster than revenue grew in the third quarter. The company also projected that its gross margin would tick up 1 percentage point in the ...