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.
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2024-11-29
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.