06:34 AM EDT, 08/06/2025 (MT Newswires) -- (Corrects to show adjusted EPS declined in second paragraph, results were mixed in headline and first paragraph.)

Advanced Micro Devices ( AMD ) second-quarter results were mixed year-on-year as the chipmaker benefited from strong demand for server and PC processors.

Adjusted earnings per share declined to $0.48 from $0.69 a year earlier, in line with the consensus on FactSet. Revenue increased 32% to $7.69 billion, above the $7.41 billion modeled by analysts.

"We delivered strong revenue growth in the second quarter led by record server and PC processor sales," Chief Executive Lisa Su said in a statement.

Data center revenue gained 14% to $3.24 billion, driven by EPYC processors. The client and gaming division soared 69% to $3.62 billion, led by sharp gains in each sub-sector.

The results were impacted by the US government's export restrictions on AMD's Instinct MI308 graphics processing unit products, the company said. These controls drove about $800 million in inventory and related charges.

The company expects third-quarter revenue of $8.7 billion, plus or minus $300 million. The consensus is for $8.32 billion.

"Our current outlook does not include any revenue from AMD Instinct MI308 shipments to China as our license applications are currently under review by the US government," the company said.

The stock was down 3.9% in after-hours trade.

AMD is expected to receive approval to resume shipments of MI308 chips to China in the second half, BofA Securities said in a note last week, citing media reports. A resumption of sales to China in August would provide a $700 million to $1 billion boost to the $6.5 billion GPU forecast for 2025, the BofA report said.