Gross margin up to 40 percent, but stock drops

AMD has officially announced its Q3 2018 financial report, reporting revenues of $1.65 billion and a gross margin of 40 percent, both up compared to the same quarter last year. Nevertheless, AMD stock took a hit due to weak GPU sales but things are looking good for AMD.

Pascal and Volta gives it another record quarter

Nvidia released its financial report for the third quarter of the 2018 fiscal year, reporting once again a record revenue of US $2,636 billion, up by 32 percent compared to the last year.