AMD is expected to benefit from strong data center revenues in Q4, with overall performance anticipated.

From Zacks Investment Research: 2025-01-31 13:52:19

Advanced Micro Devices (AMD) is expected to benefit from strong Data Center revenues in the fourth quarter of 2024, with an estimated year-over-year increase of 79.71%. AMD’s expanding partner base and product portfolio, including EPYC CPUs and AI accelerators, have been key drivers. On the other hand, the Client segment is expected to see revenue growth of 35.04%, while the Gaming and Embedded segments are forecasted to decline by 62.79% and 12.77% respectively. Despite a Zacks Rank of #4 (Sell), AMD’s overall performance in Q4 is highly anticipated. Investors can explore other potential investment opportunities with companies like Akamai Technologies, AMETEK, and DoorDash, all set to release their Q4 earnings soon.



Read more at Zacks Investment Research: Will AMD Stock Climb on Strong Data Center Revenues in Q4 Earnings? – January 31, 2025