AMD continued to enjoy strong growth in Q2 2018
by from Techreport on (#3VM41)
AMD released its second-quarter 2018 financial results yesterday evening. The company posted revenue of $1.76 billion, up 53% year-on-year, and made $153 million in operating income on that haul compared to a $1 million operating loss a year ago. Net income was $116 million, compared to a $42 million net loss a year ago, and gross margin rose three percentage points to 37%.
The Computing and Graphics business brought in $1.09 billion of revenue, a 64% year-on-year increase. AMD says that result comes from strong Radeon sales and the continued momentum of its Ryzen CPUs. Investors looking for signs of AMD's ...