AMD Reports Over 100% Increase in Data Center Sales Year-Over-Year
Tuesday, 30 July 2024, 20:24
AMD's Robust Growth in Data Center Sales
AMD has reported that its data center sales have more than doubled year-over-year. This impressive growth comes as the company continues to establish its presence in the competitive landscape of data center technology, particularly in the GPU segment.
Market Performance Overview
- AMD shares are currently down by about 7% in 2024.
- Second-largest vendor in data center GPUs, trailing only behind Nvidia.
- Sales growth showcases AMD's competitive position in the market.
The substantial increase in sales demonstrates AMD's capability in catering to the demands of data center customers. However, the decrease in stock value points to ongoing market challenges.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.