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TechRadar
TechRadar
Craig Hale

Huge data center growth pushes AMD revenues

AMD CEO Lisa Su holding up an AMD Ryzen 7950X processor.

On the back of a reasonably successful quarter, AMD has confirmed that its earnings for the past three months surpassed Wall Street expectations, seeing revenue climb to $5.5 billion for the first quarter of 2024.

The California-based chipmaker reported a gross margin of 47%, with operating income reaching $36 million and net income at $123 million.

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