AMD Epyc processors continue to gain momentum
Sales of AMD's Epyc server processors grew more than 50% over the second quarter of this year, thanks in part to the second-generation “Rome” platform in August.
Q3 was a bang-up quarter for the rebounding company, with third-quarter revenue of $1.8 billion, a 9.1% year-over-year increase, and net income of 18 cents per share, in line with analyst projections. This was AMD's best quarter for revenue since 2005, when AMD was super hot and Intel was spinning its wheels.
More importantly, CEO Lisa Su, in reporting the company's third quarter earnings, said AMD is on track to reach double-digit server CPU share by the middle of next year. Just a few years ago, Mercury Research, which tracks semiconductor market share, estimated Opteron market share at below one percent.