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AMD vs Arm: AMD Sales Jump, New Server Chips and Taalas Acquisition

AMD logoAMD
Sig2.10Sen+2.90Env0.00Soc0.00Gov+0.40
Arm Holdings logoArm Holdings
Sig1.55Sen-1.80Env0.00Soc0.00Gov0.00

AMD reported a 20% net income margin for the quarter ended June 27, driven by $1.3B Q2 sales, up 22% year over year, and forecast Q3 revenue of $1.4B. The company launched new server processors and related computing components and officially acquired Taalas, while positioning growth as demand for specialized chips.

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