AMD, which also reported a better-than-expected financial performance in the latest period, said overall data-center revenue nearly doubled from the year earlier and increased sequentially from a high-teens percentage of overall revenue in the first quarter to more than 20% in the second quarter.
AMD raised its projection for revenue growth to about 60%, from about 50%, and said that the data-center business is expected to remain a strong driver into the second half of the year.
Xilinx Inc. reported stronger-than-expected quarterly results, including profit more than doubling from the year earlier despite industry-wide supply chain challenges.
Market Data 
Markets 
AI
