AMD reports Q4 revenue up 24% YoY to $7.66B, Data Center revenue up 69% to $3.86B, vs. $4.09B est., and forecasts Q1 sales of $6.8B to $7.4B, vs. $7.04B est.
- Results suggest the chipmaker is still lagging behind Nvidia — Company fares better in PC market, making gains on Intel
Bloomberg Ian King
Related Coverage
- AMD Reports Fourth Quarter and Full Year 2024 Financial Results Advanced Micro Devices, Inc.
- AMD says RX 9070 and 9070 XT will arrive ‘in early March’ PCWorld · Michael Crider
- AMD Crushes Earnings With Record Data Center And PC Client Gains, Shares Slide HotHardware · Paul Lilly
- AMD stock plunges 10% despite beating sales expectations Quartz · Vinamrata Chaturvedi
- AMD's AI chip Q4 revenue miss knocks shares amid rivalry with Nvidia Business Standard
- AMD's AI chip revenue miss knocks shares amid intense rivalry with Nvidia Channel NewsAsia
- AMD sees massive 24% revenue surge in Q4 but 28% lower profit dipped shares TechSpot · Zo Ahmed
- AMD Earnings: Data Center and PC Shine Motley Fool
- AMD comes up short in a key segment — and that's pressuring its stock MarketWatch · Emily Bary
- AMD Stock Falls 8% In Wednesday Pre-Market: What's Going On? Benzinga · Namrata Sen
- AMD Beat Intel & Earned 13.5% More Data Center & AI Revenue In Q4 Wccftech · Ramish Zafar
- AMD stock slides despite Q4 earnings beat, strong Q1 forecast Yahoo Finance · Daniel Howley
- AMD Q4 2024 and FY Financials More Than Moore
- AMD data center business continues to shine in Q4 Constellation Research · Larry Dignan
- AMD forecasts first-quarter revenue above estimates Reuters · Arsheeya Bajwa
Discussion
-
@iancutress
@iancutress
on x
Actually, let me add another data point. @AMD's Data Center revenue in 24Q4 alone was more than their entire company revenue in 21Q2.
-
@zastocks
@zastocks
on x
Today's $AMD earnings confirmed what we already know. $NVDA has absolutely no legitimate competition. Maybe years from now but for now, Nvidia is the only game in town. This will likely continue to be the case for a long time.
-
@iancutress
@iancutress
on x
Q: Vivek Arya, BoA - DC GPU business, AMD was explicit about setting expectations. No forecast for 2025? In Analyst Day you gave 60% CAGR for all GPU business, can you grow that for 2025? A: We look at first year GPU business, give guidance up to scale. We're now at scale, our
-
@benbajarin
Ben Bajarin
on x
Excellent answer from @LisaSu weighing in on the GPU/custom ASIC debate. It just so happens I made this same point, I tend to agree with Lisa, on this week's @T_h_e_Circuit episode. [image]
-
@firstadopter
Tae Kim
on x
Remember what I have been saying. AMD can't compete with Nvidia Blackwell GB200 NVL72 this year. Data center rack scale GPU mega clusters is where the demand is. AMD is far behind Nvidia there.
-
@benbajarin
Ben Bajarin
on x
Via @AMD QA, @LisaSu still confident in the $500 billion market size for data center accellrators. Most people agree with this number which is semiconducto TAM additive! [image]
-
@firstadopter
Tae Kim
on x
AMD is no longer giving numerical details on data center GPU business this year. Not a good sign.
-
@patientinvestt
@patientinvestt
on x
$AMD posted a beat & Guided 30%+ growth for Q1 of 2025 Data centers grew 69% Y/Y!!! Client segment grew 58% Y/Y $AMD is going to prove everyone wrong! [image]
-
@benbajarin
Ben Bajarin
on x
Multiple areas of record revenue for @AMD. Less AI, more boring general-purpose cloud CPU, strong Q4 client which was predictable. Don't expect much on AI GPUs yes. Obviously, the guide down is impacting stock AH. [image]
-
r/hardware
r
on reddit
AMD Reports Fourth Quarter and Full Year 2024 Financial Results