CompetitionDespite strengths, AMD is perceived as lagging behind NVIDIA in AI software capabilities.
Financial PerformanceThe Gaming and Embedded segments remain weak, with significant YoY declines, impacting overall margins due to slower recovery.
Revenue OutlookAMD guided 4Q24 revenue to $7.50 billion, below Consensus of $7.54 billion, due to lower-than-expected gaming segment demand.