AMD nearly doubles Q1 revenue – Hardware – CRN Australia

AMD said it nearly doubled its revenue for 2021’s first quarter over the same period last year due to fast-growing sales of the chipmaker’s Ryzen and EPYC processors – a sign that the company’s momentum against x86 rival Intel isn’t letting up.
The company’s stock price was up roughly 3.8 percent in after-hours trading Tuesday following the release of its first-quarter financial report. The company said its revenue that quarter, which covers sales from January to March, grew 93 percent year-over-year…

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