AMD did well and exceeded the expectations.
http://ir.amd.com/phoenix.zhtml?c=74093&p=irol-newsarticle&ID=2187336
http://ir.amd.com/phoenix.zhtml?c=74093&p=irol-newsarticle&ID=2187336
Revenue of $1,027 million, up 23 percent sequentially and up 9 percent year-over-year
Gross margin of 31 percent, down 1 percentage point sequentially
Operating expenses of $353 million, compared to $344 million for the prior quarter.
Operating loss of $8 million, compared to an operating loss of $68 million in Q1 2016.
Net income of $69 million, earnings per share of $0.08, and non-GAAP(1) net loss of $40 million, non-GAAP(1) loss per share of $0.05
Cash and cash equivalents were $957 million at the end of the quarter, up $241 million from the end of the prior quarter
Total debt at the end of the quarter was $2.24 billion