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image: The Herald of Finance

New Processors Power Turnaround at Advanced Micro Devices

April 25, 2018

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The new Advanced Micro Devices is showing no signs of slowing down. It followed up the announcement of a new generation of personal computer chips last week with financial results Wednesday that showed how its return to competitiveness with Intel and Nvidia was paying off.

AMD said its revenue in the first quarter rose 23 percent from last quarter and 40 percent over the same quarter last year, to $1.65 billion, boosted primarily by sales of its Radeon graphics chips and Ryzen processors for personal computers. It has also started to invade Intel’s territory in data centers and loosen Nvidia’s stranglehold over gaming.

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