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AMD forecast an adjusted gross margin of roughly 54%, which met analyst expectations. The company reported revenue of $6.82 billion for the third quarter, compared with estimates of $6.71 billion.
The latest move could make a big dent on the chip firms' earnings as China was Intel's largest market in 2023 with 27% of revenue, while AMD drew about 15% of its sales from the country. Microsoft ...
Revenue in Intel's Client Computing Group - which includes its PC chips for desktop and laptop computers - fell 7% to $7.3 billion. Analysts had estimated the client segment would shrink to $7.38 ...
Shares of Intel were up 2%. AMD's Data Center revenue, which includes sales of AMD's GPUs and CPUs, topped out at $2.8 billion, beating expectations of $2.75 billion. ... while Nvidia will report ...
Intel's Q3 revenue came in at $14.2 billion with adjusted earnings per share (EPS) of $0.41. ... After losing ground to longtime rival AMD ... For the latest earnings reports and analysis ...
For the quarter, AMD saw adjusted earnings per share of $0.92 on revenue of $6.8 billion. Wall Street was anticipating adjusted EPS of $0.92 on revenue of $6.7 billion, based on analyst consensus ...
For the quarter, Intel saw Intel Products revenue of $11.9 billion, up 17% year over year on strong performance from its Client Computing Group. That segment saw revenue of $7.5 billion, up 31% ...
AMD reported adjusted earnings per share (EPS) of $0.62 on revenue of $5.5 billion. Wall Street was looking for adjusted EPS of $0.61 on revenue of $5.45 billion.