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Advanced Micro Devices declared a turnover of $ 7.658 billion for the fourth quarter, up 24% compared to a year ago. But the AMD equity rate dropped in the after-hour $ 113.66, down 4.89%.
The net profit was $ 482 million for the fourth quarter enclosed on December 31, down 28%, compared to $ 667 million a year earlier.
AMD saw a turnover of the $ 3.9 billion data centers in quarter centers, up 69% compared to a year ago. It was motivated by record income from the EPYC CPU and the GPU instinct – and the demand is drawn by the rapid adoption of the AI. For 2024, income from the data centers segment was a record of $ 12.6 billion, an increase of 94% compared to the previous year, driven by the growth of AMD Instinct and Epyc processors.
Customer’s income during the quarter was $ 2.3 billion, up 58% compared to the previous year. The AMD itself expected the fourth global quarter to reach $ 7.5 billion in revenues, more or less $ 300 million. In November, AMD announced that it linked 4% of its staff, or around 1,000 people.
The game segment recorded a turnover of $ 563 million, down 58% compared to a year ago due to the drop in semi-personalized income. These income comes mainly from sales of income from the Xbox and PlayStation game console.
Integrated segment income of $ 923 million, down 13% compared to a year ago, while customers continued to normalize inventory levels.
For the first quarter of 2025, AMD expects revenues to be around $ 7.1 billion, more or less $ 300 million. In the middle of the income range, this represents growth from one year to the other of around 30% and a sequential drop of around 7%. The non -Gaap gross margin should be around 54%.
“2024 was a transformative year for the AMD when we have delivered record annual income and strong profile growth,” said Lisa SU, CEO of the AMD, in a statement. “The annual income of the data centers segment has almost doubled as the adoption of the accelerated EPYC processor and we have delivered more than $ 5 billion in AMD instinctive accelerator income. Looking in 2025, we see clear opportunities for continuous growth according to the strength of our product portfolio and growing and adaptive performance of performance. »»
“We closed in 2024 with a solid fourth quarter, generating record income of 24% in annual shift, and accelerated the expansion of profits while investing aggressively in AI and innovation to position us for growth Long -term and value creation, ”said AMD Jean Hu, in a press release.
As indicated, AMD dismissed around 1,000 of its 26,000 employees from November. It was about 4% of its staff. The own AMD layoffs are at a time when AMD beat Intel on the X86 processor market. But AMD was also second in the transition from graphic processing units (GPU) to AC accelerators in competition with the giant of the AI NVIDIA flea market.
But Mercury Research reports that the share of AMD’s fourth quarter against processors against Intel is now 34%, up spectacularly compared to years ago.