Second-quarter revenue rose 50% to a record $11.5bn ($11.3bn expected). Growth was led by a 107% rise in Data Center revenue to $6.7bn, while Client & Gaming revenue rose 6% to $3.8bn.
Adjusted operating profit rose 245% to $3.1bn ($3.0bn expected), as strong revenue growth and improved gross margins more than offset higher operating expenses.
Free cash flow was $1.6bn, while net cash, including lease liabilities, rose from $8.5bn to $8.8bn over the quarter.
For the third quarter, AMD expects revenue of around $13.0bn at the midpoint of guidance ($12.5bn expected).
The shares fell 8.8% in early trading.
Our view
HL view to follow.
AMD key facts
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