Advanced Micro DevicesShares of Santa Clara semiconductor bellwether Advanced Micro Devices jumped in after-hours trading last night on news of a firm earnings beat with net revenue of 1.65 billion, net income of $81 million and diluted EPS of $0.08. "The first quarter was an outstanding start to 2018 with 40 percent year-over-year revenue growth," proclaimed Dr. Lisa Su, AMD president and CEO. We are excited about our long-term roadmaps and focused on delivering sustained revenue growth and profitability." Cray, a long time big name in supercomputing, and historically largely based on Intel architecture, announced it would be offering AMD EPYC based solutions for the High Performance Computing (HPC) market. The growth was led by sales of AMD's Ryzen client CPU and APU product line in desktops and notebooks.

Source: Forbes April 26, 2018 17:37 UTC