Advanced Micro Devices (AMD) posted solid third quarter earnings on Thursday, reporting earnings of three cents a share on revenue of $1.307 billion.
For Q3, Wall Street was expecting flat per-share earnings on $1.21 billion in revenue for the quarter.
The company's revenues were up 23 percent year-over-year, primarily because of its record semi-custom SoC and higher GPU and mobile APU sales. That, however, was partially offset by client desktop processor and chipset sales.