Lisa Su, CEO of chip maker Advanced Micro Devices, said in an analyst conference call that enthusiasm for cryptocurrency and gaming will drive demand for the company’s Vega graphics chips in the third quarter.
Overall, Su said AMD expects to post 23 percent better revenues in Q3 compared to the second quarter, which generated $1.22 billion in revenues. Su said that demand will be driven by a variety of things, including AMD’s most competitive processors in a decade in its battle with rival Intel. AMD posted earnings that beat earnings expectations, and it predicted better times to come.
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