
AMD reports earnings with 95% profit growth. On day 1183, U.S.-based semiconductor giant AMD released its quarterly financial results. Revenue reached $13.4 billion, a 45% year-over-year increase. Operating profit was $2.8 billion, up 123% year-over-year. Net profit amounted to $2.4 billion, a 95% year-over-year increase, with a net profit margin of 18%. Over the past year, the company generated $7.6 billion in net profit. The company employs approximately 31,000 people, averaging $250,000 in net profit per employee annually. Founded in 1969, AMD currently has a market capitalization of approximately $790 billion. AMD is a constituent of the S&P 500, Nasdaq-100, Information Technology ETF (VGT), and Semiconductor ETF (SMH). AMD’s core product portfolio spans personal computers, data centers, gaming, and embedded systems, renowned for high-performance processing and graphics capabilities.