AMD Q3 2024 Earnings Call Highlights:
1. Strong performance: Revenue exceeded expectations, driven by record Instinct and EPYC product sales.
2. Data Center growth: Server CPU market share gained, with EPYC becoming the "CPU of choice" for modern data centers.
3. Cloud and Enterprise wins: Significant adoptions by major tech companies like Meta, Microsoft, and others.
4. AI acceleration: MI300X deployment expanding in cloud and enterprise sectors.
5. Product launches: New 5th Gen EPYC processors (Turin) launched with performance records.
6. Strategic moves: Forming X86 ecosystem advisory group
Live Track
2024-11-29
AMD Q3 2024 Earnings Call Highlights:
1. Strong performance: Revenue exceeded expectations, driven by record Instinct and EPYC product sales.
2. Data Center growth: Server CPU market share gained, with EPYC becoming the "CPU of choice" for modern data centers.
3. Cloud and Enterprise wins: Significant adoptions by major tech companies like Meta, Microsoft, and others.
4. AI acceleration: MI300X deployment expanding in cloud and enterprise sectors.
5. Product launches: New 5th Gen EPYC processors (Turin) launched with performance records.
6. Strategic moves: Forming X86 ecosystem advisory group and acquiring Nod.ai for AI infrastructure capabilities.