FMP

FMP

AMD Reports Strong Q4 Earnings: Data Center Drives Growth

Advanced Micro Devices Inc (NASDAQ:AMD) delivered impressive Q4 results, surpassing expectations and boosting its stock by 4% in after-hours trading.

Key Earnings Highlights ๐Ÿ†

โœ” Adjusted EPS: $1.09 (beat by $0.01)
โœ” Q4 Revenue: $7.7 billion (24% YoY growth, beating $7.54B consensus)
โœ” Data Center Growth: Nearly doubled annual revenue, driven by EPYC processors and AI computing solutions.
โœ” Record 2024 Results: Annual revenue hit $25.8 billion, with 53% gross margin.

Looking Ahead ๐ŸŒ

AMD's Q1 2025 forecast is positive, with revenue projected between $6.8B and $7.4B. The midpoint of $7.1B exceeds analyst expectations.

AMD's Data Center Segment continues to be the star, propelled by EPYC adoption and AI demand, further solidifying its position in the tech space.

Track AMD's Momentum with Real-Time Data ๐Ÿ“Š

โœ… Market Biggest Gainers API - Get insights on AMD's performance vs. competitors.
โœ… Financial Growth API - Track key growth metrics and performance drivers.