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Earnings Results: AMD CEO feeling ‘very, very good’ about data-center market as sales hit a record

Advanced Micro Devices Inc. turned in yet another beat-and-raise quarter Tuesday thanks to data-center sales that the chip maker’s chief executive called “very, very good.”

AMD AMD raised guidance for the full year yet again, as it has in every quarterly earnings report so far this year, and now projects sales to grow about 65% year-over-year compared with a forecast of 60% growth in the previous guidance. AMD reported revenue of $9.76 billion last year, so that suggests sales of about $16.1 billion this year, while analysts…

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