Advanced Micro Devices reported that revenue in its third quarter was $5.8 billion, up 4% from a year earlier and 8% sequentially as as new products, AI chips and data center tech grew in the quarter.
AMD makes the processors and graphics processing units (GPUs) used in AI machines, are riding on high demand for AI. AMD said PC client revenue recovered in the quarter, hitting $1.5 billion in revenues, up 42% from a year ago. Gaming revenues, however, were down 8% in the quarter.
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