AMD hits record $3.4B in first quarter but claims cryptocurrency impact was 'negligible'
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AMD hits record $3.4B in first quarter but claims cryptocurrency impact was ‘negligible’

by arun809097
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In last night’s AMD Q1 earnings call, the company revealed revenues of $3.45 billion in the first quarter of 2021—that’s a 93 percent increase year on year. And from AMD’s Computing and Graphics segment—where all the dollar from our juicy component purchases go—the company boasts $2.1 billion, up from last year’s $1.438 billion, with an operating profit of $485 million, up from $262 million. 

This kind of growth is unsurprising in light of such intense demand for hardware. But as the earnings call wound down to its usual Q&A, the company’s CEO Lisa Su seemed to stumble over how much of that profit comes from cryptocurrency mining operations.

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