In the first full quarter since the release of its heralded Ryzen chips, Advanced Micro Devices Inc. grew revenue 19 percent from the same period a year prior.
Sales totaled $1.22 billion for the three months ended July 1, according to financial results released Tuesday afternoon. That beat analysts’ expectations of $1.16 billion and was up from $1.03 billion in the second quarter of 2016.
AMD (Nasdaq: AMD) also slightly raised revenue expectations for the current quarter and all of 2017 — it…
#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal https://www.bizjournals.com/austin/news/2017/07/26/new-chip-fuels-revenue-surge-amd.html?ana=RSS%26s=article_search
#Austin Check out URLinkedUp > http://www.urlinkedup.com