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AMD forecast an adjusted gross margin of roughly 54%, which met analyst expectations. The company reported revenue of $6.82 billion for the third quarter, compared with estimates of $6.71 billion.
AMD's data center revenue rose 122% year over year to $3.5 billion in the most recent quarter, and management estimates that data center sales for the full year will exceed $5 billion.
Analysts estimate AMD's revenue will finish 2024 at $25.66 billion and increase to $32.56 billion in 2025. If accurate, that would represent nearly 27% growth. Ironically, AMD stock trades at a P ...
AMD reported revenue of $5.47 billion for the first quarter, compared to analysts' average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based ...
AMD serves a wide range of business and consumer markets, including gaming, data centers, artificial intelligence (AI), and embedded systems. AMD's main products include microprocessors, motherboard chipsets, embedded processors, and graphics processors for servers, workstations, personal computers, and embedded system applications.
AMD's announcement follows rival Intel’s disappointing report last week, in which it posted a lower-than-anticipated revenue outlook for the current quarter. AMD said it expects Q2 revenue of ...
In the table, I've broken down the annual revenue growth rates for each of AMD's and Nvidia's respective data center businesses: Category. Q3 2023. Q4 2023. Q1 2024. Q2 2024. Q3 2024.
AMD forecast current-quarter revenue of about $6.1 billion, plus or minus $300 million. Analysts polled by LSEG expect revenue of $6.37 billion. AMD forecast adjusted gross margins of 51.5% ...