AMD's Data Center Revenue Hits Record High But Misses Expectations
Advanced Micro Devices posted fourth-quarter revenue and adjusted earnings that beat expectations, but data center sales came up short.
AMD projects strong AI and data center growth in 2025 with MI350 launch mid-year
Q4 2024 Management View Lisa Su, Chair and CEO, highlighted AMD's transformative year, emphasizing record annual revenue of $25.8 billion, a 14% increase year-over-year, driven by strong growth in the data center and client segments.
AMD’s data center revenue comes up short, leaving investors dismayed
Investors bailed on Advanced Micro Devices Inc. after the chipmaker reported lower-than-expected revenue in its key data center segment, despite posting solid results overall. The company revealed fiscal 2024 fourth quarter earnings before certain costs such as stock compensation of $1.
AMD Posts Higher 4Q Revenue on Continued Data-Center Demand
For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion, the midpoint of which beat the $7 billion that analysts surveyed by FactSet had forecast.
AMD pulls up the release of its next-gen data center GPUs
AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally announced. During the company’s Q4 2024 earnings call Tuesday, AMD CEO Lisa Su said AMD plans to sample the MI350 with “lead customers” this quarter,
AMD reports profit beat, as data center sales nearly double for year
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024. Advanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings.
AMD Record Growth Driven by Data Center
Advanced Micro Devices posts strong revenue growth, beating analyst expectations, though challenges remain in specific market segments.
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Meet Time CEO of the year Lisa Su, who grew AMD’s share price by 50x and is related to Nvidia’s Jensen Huang
Advanced Micro Devices (AMD) CEO Lisa Su's out-of-hours expectations are going viral after being named Time’s CEO of the year. There are two types of leaders: those who promote a firm ...
Advanced Micro Devices, Inc. (AMD) Q4 2024 Earnings Call Transcript
Advanced Micro Devices, Inc. ( NASDAQ: AMD) Q4 2024 Earnings Conference Call February 4, 2025 5:00 PM ET Matt Ramsey - IR Lisa Su - Chair and CEO Jean Hu - EVP, CFO and Treasurer ...
AMD tumbles after giving disappointing outlook for AI growth
Though AMD’s fourth-quarter overall revenue topped estimates — and it provided an solid forecast for the current period — the ...
AMD shares tumble as CEO forecasts declining data center sales
Advanced Micro Devices forecast first-quarter revenue above Wall Street estimates on Tuesday, betting on strong demand for ...
Last Minute Thought: Top Analyst Weighs In on AMD Stock Ahead of Earnings
Advanced Micro Devices (NASDAQ:AMD) shares have been on a rollercoaster over the past year. At the start of 2024, the chip ...
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AMD Shares Drop 9% As GPU Sales Growth Remains Murky
Shares of Advanced Micro Devices dropped nearly 9% in after-hours trading as investors reacted to a tepid sales forecast for its current quarter and GPU sales figures that show the chip designer is ...
Stock-Split Watch: Is Advanced Micro Devices Next?
Advanced Micro Devices (AMD -6.37%) has been a top performer in the semiconductor industry over the last decade. The fabless chip stock has grabbed market share from Intel PCs and ...