But we see a growth opportunity as we go into 2021 and beyond.OK. Personal Finance This is a live call and will be replayed via webcast on our website.Before we begin today, please note that AMD is scheduled to participate in several Wall Street events during the third quarter. I don't think I would say, I mean four to six weeks is kind of a short time. We want to maintain a 20%-plus CAGR over the next 3-4 years. And we don't see sort of this large-scale people slowing down, I would say it that way.I think there's a need for infrastructure, and we see people continuing to invest in infrastructure.Our next question today is coming from Aaron Rakers from Wells Fargo. And I understand you’re coming from a different place with a new product launch and everything. [Operator Instructions] Our first question today is coming from Mark Lipacis from Jefferies. Returns as of 08/28/2020. But we feel like we’re on a good path and we’re going to continue to focus on both cloud and enterprise growth. And so, this is about putting together multiple generations of strong execution.
A lot will depend on mix and the mix of the business being, what is the mix of consumer versus commercial on the PC side, and then on the data center side, the mix between cloud and enterprise. And I guess more importantly, when you look at both the PC market and the server fleet, where are you relative to optimal product mix vis-à-vis kind of longer-term gross margin aspirations?Yes, sure. And we think that’s the right thing to do just to make sure that we do see some leverage. Lisa, it's really great to see embedded in the implied fourth quarter guide a gross margin that needs to go up about 200 basis points sequentially to meet your full-year guidance.And especially with gaming consoles being down less than seasonal, I'm wondering if you can just help me unpack that a little bit. But we feel good about our supply situation. Please refer to the cautionary statement in our press release for more information on the risks related to any forward-looking statements that we may make.We will refer primarily to non-GAAP financial metrics during this call, the non-GAAP financial measures referenced are reconciled to their most directly comparable GAAP financial measure in today's press release and slides posted on our website, amd.com. And I noticed that you kept the gross margin outlook kind of steady, and I'm wondering how do we think about gross margins going forward? I think the strength of the Rome 4000 product has been good for us. We're working with our customers on Milan, and we expect to start shipping that later this year. We'll always keep an eye open for are there opportunities to enhance the portfolio or do some skills acquisition if that makes sense. And we’re excited, frankly, about the road map we have in front of us.Thank you everybody for joining the call today. So we did say that overall data center revenue was over 20% of revenue this quarter, and it was predominantly CPUs. Thanks for taking my question. So, we feel good about our road map. Your line is now live.Yes, thank you. See you at the top! We’re partnering very well with our top OEM partners. But really we see this as a multiyear opportunity.Absolutely. Or is it mostly hyperscale that's driving it?So my comment was a hyperscale comment, since that's what you were asking about. This was somewhat as expected from the standpoint of the second quarter is usually a lower quarter for the desktop channel.What we did see is that sell-through was pretty good, so I think gaming overall is good. Your line is now live.Good afternoon, and good job on the quarterly execution. Lisa?Thank you, Ruth, and good afternoon to all those listening in today. We also see data center growing from the second half to the first half. We are increasing capacity to meet those needs, but it is tight. Please pick up your handset.Okay. I think we have executed well to our road map. And diluted earnings per share were $0.18 per share compared to $0.08 per share a year ago.Now, turning to the business segment results. While there continues to be some macroeconomic uncertainty and pockets of demand softness, our product portfolio is very strong and our markets are resilient.
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