The latest update is out from Advanced Micro Devices ( (AMD) ).
AMD’s financial results for Q3 2024 showcase impressive growth, with revenues hitting $6.8 billion, driven by strong sales in data center products and Ryzen processors. The company reported a notable increase in both revenue and net income compared to last year, highlighting expansion in its data center and client segments. AMD’s leadership anticipates continued growth opportunities fueled by high demand for computing solutions, as they unveil new AI and processor innovations in collaboration with major tech partners.
Learn more about AMD stock on TipRanks’ Stock Analysis page.
