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AMD Beat Intel & Earned 13.5% More Data Center & AI Revenue In Q4
With AMD's stock down by 9% in premarket trading after yesterday's lackluster fourth-quarter earnings report, which saw the firm miss analyst estimates for data center revenue and guide a tepid first quarter, the firm nevertheless managed to earn more revenue from the business division than Intel did during the same time period. AMD's fourth quarter saw it rake $3.86 billion through selling CPUs and GPUs to the data center industry. On the other hand, while AMD's data center revenue marked a 69% annual growth, Intel's fourth-quarter data center revenue sat at $3.4 billion and was down by 3% annually. AMD […]
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AMD Beat Intel & Earned 13.5% More Data Center & AI Revenue In Q4