From GlobeNewswire: 2025-02-04 16:15:00

AMD reported record revenue of $7.7 billion in the fourth quarter of 2024, with a gross margin of 51%. They achieved operating income of $871 million and net income of $482 million. Full-year 2024 revenue was a record $25.8 billion with a gross margin of 49% and operating income of $1.9 billion.

In 2024, AMD’s Data Center segment revenue hit a record $12.6 billion, up 94%, driven by strong AMD Instinct GPU shipments and EPYC CPU sales. Client segment revenue reached a record $7.1 billion, up 52% due to demand for Ryzen processors. Gaming segment revenue was $2.6 billion, down 58%.

AMD expects first-quarter 2025 revenue to be around $7.1 billion, a 30% year-over-year growth. Non-GAAP gross margin is expected to be approximately 54%. The company continues to focus on delivering high-performance computing and adaptive products for various industries.

AMD’s partnerships with IBM, Vultr, Aleph Alpha, Fujitsu, and Dell highlight their commitment to advancing AI infrastructure and software. They are expanding their AI software roadmap, providing robust open AI stacks for the ecosystem. AMD is also empowering gamers with new processors and enhancing gaming experiences.

Overall, AMD’s financial results and strategic collaborations in 2024 showcase their growth and innovation in high-performance computing. They continue to focus on delivering advanced technologies to drive value creation and growth in various sectors.



Read more at GlobeNewswire:: AMD Reports Fourth Quarter and Full Year 2024 Financial