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AMD Crushes Q1, Data Center Drives Growth
Description
AMDs Q1 earnings soar with a 37.8% year-over-year revenue jump to $10.25 billion, surpassing analyst predictions. Data center sales, driven by EPYC processors and Instinct graphics cards, fuel growth. AMD guides Q2 revenue to $11.2 billion, beating estimates. Questions on market outlook, competition, and pricing strategies arise, with AMD emphasizing additive growth in AI CPU adoption.
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