From Nasdaq:

AMD reported its fourth quarter and full year 2023 financial results, showing a strong finish to the year with record Data Center segment annual revenue and robust demand for their products. They reported a 10% year over year increase in fourth quarter revenue, primarily driven by significant growth in their Data Center and Client segments. Data Center segment revenue grew 38% year over year and 43% sequentially to a record $2.3 billion, with record sales of their Data Center products and significant growth in server CPU revenue. They also reported significant progress in expanding their ecosystem of AI developers with the release of their ROCm 6 software suite, which increases performance in key generative AI workloads and simplifies the developer experience. Advanced Micro Devices remains a strong player in the industry, positioning themselves for continued growth in 2024.



Read more: Advanced Micro Devices (AMD) Q4 2023 Earnings Call Transcript