AMD forecasts quarterly revenue above estimates as data-center growth accelerates

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 04 Nov, 08:29 UTC

The company, which nearly doubled its data-center revenue in the third quarter, is benefiting as a shift in AI workloads toward running models in real-world applications drives demand for its graphics processing units and central processors. This has enabled AMD to capture market share from rival…

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Sources

• T1AMD forecasts quarterly revenue above estimates as data-center growth acceleratesEconomic Times — Tech / Technology / Startups / ETTelecom04 Nov, 08:29