https://wccftech.com/amd-delivers-bumper-q1-fy2021-quarter-through-93-revenue-growth/

Silicon designer Advanced Micro Devices, Inc has reported stunning earnings results for its first quarter of the fiscal year 2021. AMD has reported $3.4 billion in revenue and $555 million in net income for the quarter. This growth is fuelled by the company's strong performance in its enterprise and customer products segment, and it is also aided by the computing and graphics segment. AMD managed to grow its revenue by 93% year-over-year and 6% sequentially at the end of the first quarter.

An overall 93% annual growth in revenue is fuelled by even more remarkable growth in AMD's computing and custom segments. Data released by the company reveals that its Ryzen and Radeon central processing units (CPUs) and graphics processing units (GPUs) fuelled the segment's revenue to grow by 46% year-over-year, as AMD earned $2.10 billion revenue from the sector.