Advanced Micro Devices, Inc. ( (AMD) ) has released its Q4 earnings. Here is a breakdown of the information Advanced Micro Devices, Inc. presented to its investors.
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Advanced Micro Devices, Inc. (AMD) is a leading semiconductor company specializing in high-performance computing, graphics, and visualization technologies, known for its innovative products like EPYC processors and Radeon graphics cards.
In its fourth quarter and full year 2024 earnings report, AMD announced record revenues and significant growth in its data center and client segments, highlighting a transformative year driven by increased demand for high-performance computing solutions.
The company reported a record fourth-quarter revenue of $7.7 billion, a 24% increase year-over-year, and an annual revenue of $25.8 billion, reflecting a 14% rise from the previous year. Key growth was seen in the Data Center and Client segments, with the former achieving $3.9 billion in revenue, driven by AMD Instinct GPU shipments and EPYC CPU sales. The Client segment also saw a 58% year-over-year increase due to strong demand for Ryzen processors. Despite these gains, the Gaming and Embedded segments experienced declines due to reduced semi-custom revenue and mixed market demand, respectively.
AMD’s strategic focus on AI and innovation was underscored by partnerships with industry leaders like IBM and Dell, aiming to enhance AI infrastructure and expand its AI portfolio. The company also emphasized its push in high-performance computing, with notable achievements in supercomputing projects.
Looking ahead, AMD remains optimistic about continued growth in 2025, driven by a strong product lineup and increasing demand for adaptive computing solutions. The company expects a year-over-year revenue growth of 30% for the first quarter of 2025, maintaining a positive outlook despite potential market challenges.
