AMD Crushes Q1 Earnings Highlighting A Winning Strategy And Xilinx Synergy

In terms of its semi-custom business in game consoles, AMD CEO Dr. Lisa Su also had some very positive commentary to share.

” Su noted. When you consider new business opportunities, like the wildly popular new AMD Ryzen and Radeon-powered “although the PC market is experiencing some softness coming off multiple quarters of near-record unit shipments, our focus remains on the premium, gaming and commercial portions of the market where we see strong growth opportunities and expect to continue gaining overall client revenue share.”

, which previously was a difficult venerable commercial product model line-up for AMD to break into. And so it seems again, market share gains continue to be what’s underpinning AMD’s current strength and positive outlook.The final pillar of strength that was obvious in AMD’s earnings announcement was that it included six weeks of Xilinx revenue in its Q1 results. But even sans Xilinx revenue, AMD still posted 55% revenue growth year-on-year and 10% sequentially.

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AMD 'is just a different company now,' and Wall Street is cheeringAdvanced Micro Devices shares rose Wednesday, as analysts described the chip maker’s earnings report as “a potential watershed moment” that proved $AMD is a data-center powerhouse following its acquisition of Xilinx Inc. Join Robinhood with my link and we'll each get a free stock and invest in AMD
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »