Amd Earnings Release Reflects Boom In Cryptocurrencies Summary: the amd earnings release posted at the closing bell on tuesday, july 25 topped analyst expectations adding onto the strong quarterly performance, management is anticipating robust results from the third quarter and fourth quarters as. Santa clara, calif., july 30, 2024 (globe newswire) amd (nasdaq:amd) today announced revenue for the second quarter of 2024 of $5.8 billion, gross margin of 49%, operating income of $269.
Amd Q1 2018 Quarterly Earnings Breakdown Breakout Quarter Amidst Introduction. many considered amd’s recent crypto currency boost to be somewhat of an odd event in the sense that the additional revenue is not sustainable. the argument used is that the crypto. Advanced micro devices inc. shares gained as much as 11% after the chipmaker gave an upbeat revenue forecast, underscoring that its new artificial intelligence processors are boosting growth. Analysts expect amd to report $5.73 billion in revenue and earnings per share of 68 cents. the data center segment is anticipated to be a key driver, building on the impressive 80% growth seen in. Semiconductor player advanced micro devices will release its q2 2024 financial results on july 30. analysts are expecting earnings per share to come in at $0.68, up 17% from the year ago quarter.
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