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WHTop → 📋 News → AMDs Data Center Revenue Soars 115% with Instinct MI300 AI Sales
AMDs Data Center Revenue Soars 115% with Instinct MI300 AI Sales
📅 - AMDs data center division has achieved unprecedented growth, as evidenced by the companys second-quarter results announced this week. The division's revenue skyrocketed by an impressive 115% year over year, primarily driven by robust sales of its Instinct MI300 AI accelerators.
This surge has positioned AMD's data center revenue at a notable $2.8 billion for the quarter, marking a 21% increase from the previous quarter. Overall, AMD reported $5.8 billion in sales for the quarter, resulting in a profit of $269 million. This is a significant turnaround from the same period last year, when the company posted a modest profit of $27 million. This dramatic improvement highlights the [...][... Check source for end of article ...]
Tags: Data Center
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