AMD Q4 revenue reaches $ 7.66 billion, which is 24%, but the shares falls

Advanced Micro Devices reported $ 7.658 billion in revenue for the fourth quarter, 24% compared to a year ago. But the price of AMD shares fell in trade in hours to $ 113.66, which is 4.89%.

The net income was $ 482 million for the fourth quarter, ending on December 31, which is 28% of $ 667 million a year earlier.

AMD saw revenue from $ 3.9 billion in the quarter, 69% compared to a year ago. It was conditioned by EpyC records and instinct GPU revenue – and demand is led by the rapid reception of AI. For 2024, segments from the data center segments were a record $ 12.6 billion, which was an increase of 94% compared to the previous year, conditioned by growth in both AMD instincts and EPYC processors.

Coming out since 2024, there are more than 450 Epyc platforms available from the leading OEM manufacturers and ODM, including more than 120 Turin platform S

« 2024 was an exceptional year when we accelerated our hardware road card for AI to deliver an annual cadance from new instinct accelerators, we have expanded our ROCM software package with significant lifts in infectious and training results that have built strong relationships with clients with key leaders in key leaders in The industry also provided more than $ 5 billion in revenue from the Center for the Year, « SU said.

The Cloud AMD came out of 2024 with over 50% share of the bigger part of the largest customers of the hypersaline.

« The demand for an EPYC processors was very strong, conditioned by the extended deployment, supplying both their internal computational infrastructure and online services, » SU said. « The demand for a public cloud was also very strong, as the number of Epyc cases increased by 27% in 2024 to over 1000.

AWS, Alibaba, Google, Microsoft and Tencent have started over 100 AMD with general purpose
And AI cases only in the fourth quarter.

Customer’s revenue in the quarter was $ 2.3 billion, which is 58% compared to a year earlier. AMD himself expected a total Q4 to reach $ 7.5 billion in revenue, plus or minus $ 300 million. Back in November, AMD announced that it was dismissing 4% of its staff or about 1,000 people.

In customers, SU said AMD saw profits from a market share for the fourth consecutive quarter. It SIAD Selling of the desktop channel in the fourth quarter in many regions, as Ryzen dominated the lists of best-selling processors in many retailers worldwide, exceeding 70% in Amazon, NEWEGG, Mindface and many others through the festive period.

Considering 2025, the SU said AMD plans to grow the total PC (TAM) market with an average digital rate per year.

« Based on the width of our leadership’s portfolio and the strong design profit, we believe that we can increase the revenue from the client’s segment well before the market, » she said.

In the game segment, there is a revenue of $ 563 million, which is 58% compared to a year ago due to lower income from the semi-perisonal. This revenue comes mainly from sales from the revenue of the Xbox and PlayStation Game console.

As for the games, the SU said on the call that revenue decreased by 59% compared to the previous year to $ 563 million as the semi-perisonal sales were declining as expected as Microsoft and Sony focused on reducing the inventory reduction of inventory the channels.

« Overall, this generation of the console is very strong, emphasized by the cumulative shipments of units
Exceeding 100 million in the fourth quarter, « she said. « We are expecting forward, we believe that the inventories of the channels have already normalized and the sales of the semi-personnel will return to more historical models in 2025. »

And at the Gaming Graphics on the computer, the SU said revenue decreased during the year when AMD accelerated the sales of channels in preparation to start our next generation of Radeon 9000 Series GPU.

« Our focus on this generation is to deal with the highest part of the volume of the game enthusiasts for gaming with our new RDNA 4 architecture, » SU said. “RDNA 4 provides significantly better Ray tracking performance and adds AI-on-supply technology support for a scale that will bring high quality 4K 4K games to mass players when the first GPU of the Radeon 9070 series is sold in early March . « 

Built -in segments of $ 923 million, which is 13% compared to a year ago, as customers continued to normalize stock levels.

For the first quarter of 2025, AMD expects revenue to be approximately $ 7.1 billion, plus or minus $ 300 million. In the average point of the revenue range, this is an increase of the year of approximately 30% and a consistent decrease of approximately 7%. The gross margin of Ne-GAAP is expected to be approximately 54%.

« 2024 was a transformative year for AMD, as we have deliver records of annual revenue and strong profit growth, » said AMD CEO Lisa Su in a statement. « The annual revenue from the data center segment almost doubled when the EPYC processor is accelerated and we have delivered over $ 5 billion dollars from instinct for AMD instinct. Looking at 2025, we see clear possibilities for continuing growth based on the strength of our product portfolio and the increasing demand for highly efficient and adaptive calculations. « 

At the analyst’s call, Sofia University said: “2024 was a transformative year for AMD. We have successfully established our multimillion -dollar AI data franchise, launched a wide range of leadership products and have won a significant market share on the server and computer. As a result, we delivered record annual revenue, the net income increased by 26 percent for the year and more than doubled free cash flow from 2023. « 

She added that the segment of the Data Center contributed approximately 50% of annual revenue, as the reception of instinct and the Epyc processor is greatly expanded to cloud customers, businesses and supercomputers. The results of the Q4 were conditioned by the growth of the data center and the client’s segment-they both grew by a double-digit percentage.

At year -round, annual revenues increased by 14% to $ 25.8 billion, as revenue from the data center almost doubled and revenue from customer segments increased by 52%, more than compensating for the decline in games and built -in segments.

« We closed 2024 with a strong fourth quarter, achieving record revenue by 24% compared to the year and accelerating the expansion of profits while investing aggressively in AI and innovation to position us for long -term growth and creation of value, » said CFO, « CFO said of AMD Jean Jean Hu, in a statement.

As noted, AMD has fired about 1,000 of its 26,000 employees since November. It was about 4% of his staff. Own AMD cuts come at a time when AMD is well beaten Intel on the X86 processor market. But AMD is also second in the transition from graphics units for graphics processing (GPU) to AI accelerators in competition with Giant in the AI ​​Chip Nvidia market.

But Mercury Research reports that the AMD Q4 share of Intel processors is already 34%, drastically from years ago.

SU said AMD closed a record profits of $ 14 billion in 2024, which is over 25% compared to the year, as adopting customers of the leading industry adaptive computing platforms is expanding and AMD won wins
Large, new built -in processor designs.

Thanks to Epyc and Ryzen processors, AMD expects to continue to win a market share throughout the year.

« For 2025, we expect the environment of the demand to be strengthened in all our businesses, leading to strong growth in our data center and clients and the modest increases of our games and built -in businesses, » SU said. « Against this background, we believe that we can achieve strong revenue from the double -digit percentage and EPS growth during the year. »

SU mentioned Deepseek, the Chinese AI model that can with minimal use of graphic processors. This has led to a breakdown in technological shares, including in particular the cost of NVIDIA shares.

« Looking forward, the latest reports of significant investment in AI infrastructure such as Stargate and the latest breakthroughs of the Deepseek model and the Alan Institute emphasize the incredibly fast pace of AI innovation in each layer of stack, to algorithms, models , systems and applications, « SU said. « These are exactly the types of achievements we want to see, as the industry invests in increased computational capacity, while pressing the sheath of software innovations to make AI more accessible and allow for a breakthrough and agent experiences that experiences that can work virtually any
Digital device. « 

SU said it believes that AMD trends on a steep long -term growth trajectory, led by the rapid scaling of AI franchise of the Center for more than $ 5 billion in revenue in 2024 to tens of billions of dollars annual revenue in the coming years S

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