Chip Maker AMD Prospers as Rival Intel Struggles

Superior Micro Gadgets reported a pointy enhance in quarterly gross sales, pushed by energy in its data-center enterprise the place rival Intel has been stumbling, however issued a muted outlook for the present interval.

AMD on Tuesday mentioned gross sales reached $6.6 billion in its second quarter, up 70% from a yr earlier and forward of Wall Road expectations. Revenue fell 37% to $447 million, reflecting changes linked to AMD’s acquisition of Xilinx Inc.