In the fourth quarter ended December 31, Advanced Micro Devices reported earnings that beat Wall Street’s expectations for the maker of processors and graphics chips.
The big chip maker announced non-GAAP earnings per share was 32 cents on revenue of $2.13 billion. Analysts expected EPS of 31 cents on revenue of $2.11 billion. The revenue bump came from computing and graphics sales, partially offset by lower enterprise, embedded, and semi-custom chips. The latter includes chips for video game consoles, which are being refreshed later this year.
Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks.
Join now →
Sign in to your account.