AMD revenue from AMD reaches 7.66 billion dollars, an increase of 24 %, but the shares decrease

Advanced advanced devices recorded revenues of 7.658 billion dollars for the fourth quarter, an increase of 24 % over last year. But the price of the AMD shares decreased in the hours after trading hours to $ 113.66, a decrease of 4.89 %.

The net income reached $ 482 million for the fourth quarter ending on December 31, a decrease of 28 % from 667 million dollars in the previous year.

AMD witnessed the revenue of the data center sector $ 3.9 billion per quarter, an increase of 69 % over last year. It was driven by the EPYC and GONSINCT GPU – and the driver is caused by the rapid adoption of artificial intelligence. For 2024, the revenues of the Data Center sector amounted to $ 12.6 billion, an increase of 94 % compared to the previous year, driven by growth in both AMD and EPYC processors.

Customer revenue in a quarter of $ 2.3 billion, an increase of 58 % over the previous year. AMD itself expects to reach $ 7.5 billion of revenues, in addition to $ 300 million or minus $ 300 million. In November, AMD announced that it was preparing 4 % of its employees, or about 1,000 people.

The game sector witnessed revenues of $ 563 million, a decrease of 58 % from last year due to the low revenue lower revenue. These revenues come mainly from sales of Xbox and PlayStation Game Console Revenues.

Integrated sector revenues amounted to 923 million dollars, a decrease of 13 % from last year, with customers continuing to normalize inventory levels.

For the first quarter of 2025, AMD expects revenues to be about $ 7.1 billion, in addition to $ 300 million. In the middle of the revenue range, this is an annual growth of about 30 % and a sequential decrease of about 7 %. The indirect total margin is expected to be about 54 %.

“The year 2024 was a transformation of AMD as we have achieved standard annual revenues and strong profits,” Lisa Soo, CEO of AMD. “The annual revenue for the data center has doubled with the acceleration of the approval of the EPYC processor and we have delivered more than $ 5 billion of AMD Instinct Accessor. Given 2025, we see clear opportunities for continuous growth based on the strength of our product portfolio and the increasing demand for high performance and adaptive computing.”

Amd CFO JEAN said: “We closed in 2024 with the strong fourth quarter, as they achieved 24 % record revenues on an annual basis, and the profits expand with investing strongly in artificial intelligence and innovation in our situation for long -term growth and creating value,” said AMD CFO JEAN. It is, in a statement.

As it was observed, AMD has been discharged about 1,000 of its 26,000 employees starting from November. This was about 4 % of its employees. AMD’s demobilization operations come at a time when AMD was properly overcoming Intel in the X86 processor market. But AMD also ranked second in the transition from GPUS to AI’s rushes in competition with the NVIDIA IQ.

But Mercury Research reports that the AMD Q4 stake in Intel is 34 % now, largely for years.

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