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AMD Q2 2021 earnings results tout 99% revenue growth from 2020


Highlights
Cash
Cash, cash equivalents, and short-term investments were at $3.79 billion at the end of Q2 2021.
Cash from operations in Q2 2021 is at $952 million versus $243 million in Q2 2020.
Free cash flow is at a record $888 million in Q2 2021 versus $152 million from Q2 2020 and up from $832 million in Q1 2021.
Profitability
$831 million operating income in Q2 2021 versus $173 million in Q2 2020 and $662 million in Q1 2021.
Non-GAAP operating income in Q2 2021 is at $924 million versus $233 million in Q2 2020 and $762 million in Q1 2021.
Gross margin in Q2 2021 is up 48 percent, up 4 percentage points from Q2 2020 and two percentage points from Q1 2021.
Operations
AMD released new high-performance computing systems that utilize the AMD EPYC processors. ....

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Reddit's GameStop (GME) Bastille Day prediction fails to deliver as shares fall today

Reddit's GameStop (GME) Bastille Day prediction fails to deliver as shares fall today
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Budget-making process should be shared with stakeholders: CPDI report


National
December 13, 2020
OKARA: Centre for Peace and Development Initiatives (CPDI) has launched its annual report on state of budget transparency in Pakistan. The report points out shortcomings in the budget-making process at the federal and provincial levels and said the budgets in Pakistan should be prepared in consultation with the stakeholders and information should be shared with citizens proactively during all stages of budget-making and budget implementation process.
This was said by Asifa Khan, director programmes FACE during a press conference Saturday in Okara. The event was organised by Foundation for Awareness & Civic Engagement (FACE) under the banner of Citizens’ Network for Budget Accountability (CNBA). The CNBA is a network of more than 60 civil society organisations working on the budget transparency in 110 districts of the country. ....

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