AMD Posts Record Quarterly Revenue on Strong Data Center Demand

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AMD reported its largest and most profitable quarter in company history, according to CEO Lisa Su on Tuesday's earnings call. The chipmaker posted record quarterly revenue of $13.4 billion, with its data center division contributing $8.5 billion. AMD forecasts revenue of about $17 billion next quarter, which would set another record. Su also projected that 2027 revenue will grow more than 80 percent, with data center expected to be the largest contributor.

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