Hardware firm AMD has reported some healthy numbers for its most recent financial quarter.
The firm says that its revenue rose 26 per cent year-on-year, hitting $1.64bn for the quarter ending September 30th 2017. AMD credits this performance to higher revenue from its Computing and Graphics division.
Revenue from that sector, in particular, saw a 74 per cent spike in revenue year-on-year, hitting a cool $819m. This was driven by sales of Radeon GPUs as well as the firm’s brand new Ryzen CPUs. This was in part due to higher RRPs across both the company’s computer and graphics processors.
The firm predicts a 12 to 18 per cent decrease in revenue for its next quarter, though this is still an increase of 26 per cent year-on-year.
“Strong customer adoption of our new high-performance products drove significant revenue growth and improved financial results from a year ago,” Dr. Lisa Su, AMD president and CEO said.
“Our third quarter new product introductions and financial execution mark another important milestone as we establish AMD as a premier growth company in the technology industry.”