AMD posted second-quarter results that topped market expectations, but its shares fell in after-hours trading. CNBC reported revenue rose 50 percent from a year earlier to $7.69 billion, led by the data centre business, where revenue jumped 107 percent to $6.7 billion. Net profit was $2.3 billion. AMD forecast $13 billion in current-quarter revenue, above estimates but below some analysts’ expectations.

AMD has unveiled its Helios rackscale solution, an AI infrastructure platform integrating Instinct MI455X GPUs, sixth-generation EPYC server CPUs, ROCm software and Pensando networking. The company said Helios delivers up to 2.9 exaflops peak FP4 per rack, 31 terabytes of HBM4 and 1.7 petabytes per second of memory bandwidth. AMD said it outperforms rival flagship systems in FP4 performance, HBM capacity and bandwidth, and scale-out bandwidth.