Amd triples earnings in a brilliant year 2017

It was already warned that 2017 was going to be the year of AMD and the company's financial results confirm this, the success of Ryzen processors has been indisputable and their graphics cards have found in cryptocurrency mining a market for which they are perfect or at least the best that exist.

2017 is being brilliant for AMD

During the third quarter of this year 2017 AMD has had reported earnings of $ 110 million, a figure that alone does not say anything but if we compare it with the 27 million in the same period last year, it is clear that the improvement has been huge. This means that the company's earnings have increased by 307% for the same period in two consecutive years. As for AMD's total revenues, they have reached $ 1.64 billion, 25% more than the $ 1, 131 million in the same period last year. This has led analysts at the company to earn $ 0.10 per share compared to the expected $ 0.8.

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Excellent results that are not for less, because AMD has made a great effort with its Zen microarchitecture and finally has some processors capable of competing with those of Intel on all fronts, and even surpassing them in the professional sector thanks to a greater number of cores and threads from which the applications of this sector benefit. This has come after 6 long years in the shadow of Intel by AMD FX processors that never worked as expected. 2018 will be even better with new more refined Ryzen processors.

In the field of graphics cards things do not seem to have gone so well in the video game sector with some Radeon RX Vega that the players did not like and some Radeon RX 500 that are still a rehash of the previous series. However, these cards have proven to be the best for cryptocurrency mining, which is why AMD sees them being taken from their hands.

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