AI News/Wire summary
AMD projects about 65% revenue growth for the current quarter
Key points
- AMD, an AI server chip designer, made the forecast in a statement on Tuesday.
- The projected growth is 20 percentage points faster than its third-quarter revenue growth.
- AMD also projected its gross margin would tick up 1 percentage point; the excerpt omits the timing.
Why it matters for marketers: Marketers covering AI chip demand can cite a specific AMD growth forecast, but should verify the margin timing before using it.
Summary by the Z Media news desk, from the outlets' reporting. Read the full stories at the source.
Read the original
The Information: AMD Projects Rapid Revenue Acceleration in Fourth Quarter
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