AMD to report second quarter earnings, as investors look for continued AI growth

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 17 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Data Center News

Client Segment

AMD will report its second quarter earnings after the bell on Tuesday.

) is set to report its second quarter earnings after the bell on Tuesday, as Wall Street looks to see if AI infrastructure spending is continuing its upward trajectory., AMD said Data Center revenue increased 80% year-over-year to $2.3 billion thanks to sales of its Instinct graphics processing units and EPYC central processing units .

Gaming revenue, however, is set to take a major hit in Q2. Analysts are expecting revenue to decline from the $1.6 billion the segment generated last year to just $646 billion in the second quarter. Emmerdale's Kim Tate and Will Taylor to scheme after Rose Jackson disappears, as both become suspicious of each other.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft & Starbucks earnings, JOLTS: What to watchEarnings reports will be released for the following companies: Microsoft (MSFT), Procter & Gamble (PG), AMD (AMD), Starbucks (SBUX), PayPal (PYPL), JetBlue (...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »