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Advanced Micro Devices shared its earnings for the third quarter, showing $13.4 billion in sales, up 45% from last year.

ResultsRead the original at Benzinga
Good for AMD

AMD's sales rose 45%, led by Data Center sales that grew 97%. Gaming sales fell 40%, but the larger Data Center gains and strong fourth-quarter forecast point to a stronger business outlook.

AMD · Advanced Micro Devices

AI read · Good for AMD

The AI's read

Data Center is becoming a larger part of AMD's business, and its growth is driving company sales. AMD expects the segment to keep growing in the next quarter. Gaming sales fell 40% as lower semi-custom sales hurt that business, but the much larger Data Center gains point to stronger company prospects.

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