AMD has released its Q2 2021 financial results, solidly beating consensus estimates with revenue of $3.85 billion (versus $3.62 billion expected) and earnings of $0.63 (versus $0.54 expected). This is the fourth consecutive quarter of record revenues including a 99 percent Y/Y increase from Q2 2020.
Tech Outperforms This Quarter Led by AMD, Apple, Microsoft, Alphabet
Tech names AMD, Apple, Google, and Microsoft all saw their results significantly outperform guidance and expectations this week.
AMD Outperforms for Q4 and Year Delivering Strong Growth
AMD finished the year out with a big result seeing significant QoQ and YoY growth as it heads into 2021 with strong momentum behind it.
AMD Double Splash: Announcing Xilinx Deal and Posting Big Q3 Earnings
AMD in a big announcement day for the company delivered strong Q3 earnings while officially moving forward with the acquisition of Xilinx.
AMD Firing On All Cylinders as Tech Continues to Outperform
AMD had a very strong quarter that included a beat on revenue and earnings as well as double digit YoY growth. A sign of strength amidst the slowed economy.
AMD Reports Solid Q1 But Cautions On Its Outlook
AMD was able to meet the expectations on the street for Q1 but waved the caution flag with future quarters looking less solid with COVID-19 looming.
Semiconductors Are Hot, But Was Q4 EPYC for AMD?
AMD wrapped up its fiscal year with an earnings beat and a 4% revenue growth. The client business saw huge growth, but the enterprise business stalled. A look at the numbers.
AMD Earnings: Strong Revenues Garner Mixed Response
AMD announced Q3 earnings nearing analyst targets on both revenue and earnings while announcing solid growth in server, graphics and client.
AMD Q2 Earnings Simply Don’t Reflect A Company Up Over 80% YTD
AMD Earnings showed a weaker than expected Q2 for the company as their stock continues to rise based on speculation, but will that continue?
Intel Q2 Earnings: Strong Performance Should Quash Negative Sentiment
Pre-earnings call, many analysts were betting against Intel (INTC) this quarter based upon competition, china and chip shortage, but results are in and the company is up versus expectations and continuing to show strength. A look at the earnings and what’s ahead for Intel.