Will Solid Client & Datacenter Aid AMD’s Q1 Earnings Growth?

From Nasdaq: 2024-04-29 13:18:00

Advanced Micro Devices (AMD) is poised for strong Q1 2024 earnings with growth in Client and Data Center revenues. The PC segment saw growth after two years, with Lenovo leading in market share. AMD’s expanded gaming portfolio and new Ryzen processors are driving Client revenue growth.

In the Data Center segment, AMD’s partnership with key players like Microsoft and Dell has led to impressive product offerings. With the introduction of Ryzen AI and Instinct MI300 Series accelerators, AMD is set to see significant revenue growth. Analysts predict a 75.6% increase in Data Center revenues for Q1.



Read more at Nasdaq: Will Solid Client & Datacenter Aid AMD’s Q1 Earnings Growth?