Allen
Hotshot
Joined: Oct 1999
Posts: 8,854
Ohio USA
AMD provides competition to Intel and Nvidia. That keeps prices down and technology moving forward for everyone. So, its good to read AMD is doing well financially -- relative to past AMD years.
Quote
AMD announces its Q2 2018 financial results
Reports revenue of US $1.76 billion, up by 53 percent Y/Y
AMD reported operating income of $153 million, net income of $116 million, gross margin of 37 percent, and earnings per share of $0.11 (GAAP results).
This is a great financial quarter for AMD considering that a year ago the company was reporting an operating loss of $1 million and a net loss of $42 million.
the biggest piece of that $1.76 billion revenue came from the Computing and Graphics segment, reporting revenues of $1.09 billion .. [an overall] 64 percent growth compared to the same quarter last year .. [there was] lower revenue from GPU products in the blockchain market, confirming .. that the cryptocurrency market is slowing down.
