“Record revenue and profitability” — AMD crushes Q3 expectations, and the biggest money maker might not be what you expect

As a researcher tracking AMD’s performance, I’ve been following their impressive growth. In the third quarter, their revenue hit a record $9.2 billion, with a strong gross margin of 52%. This represents a significant jump – a 36% increase compared to the same quarter last year. According to Jean Hu, AMD’s Executive Vice President, this success also resulted in record free cash flow.