AMD Q3 2024 Earnings Call: AMD reported strong Q3 results with revenue of $6.8 billion, up 18% year-over-year, driven by record Instinct and EPYC product sales. Data center segment revenue more than doubled, accounting for 52% of total revenue. The company raised its full-year data center GPU revenue guidance from exceeding $4.5 billion to exceeding $5 billion. AMD expects Q4 revenue of approximately $7.5 billion, up 22% year-over-year, with continued growth in data center and client segments.

Live Track2024-11-29
AMD Q3 2024 Earnings Call: AMD reported strong Q3 results with revenue of $6.8 billion, up 18% year-over-year, driven by record Instinct and EPYC product sales. Data center segment revenue more than doubled, accounting for 52% of total revenue. The company raised its full-year data center GPU revenue guidance from exceeding $4.5 billion to exceeding $5 billion. AMD expects Q4 revenue of approximately $7.5 billion, up 22% year-over-year, with continued growth in data center and client segments.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment