earnings
confidence high
sentiment positive
materiality 0.85
AMD Q2 revenue $5.84B up 9% YoY; Data Center record $2.8B (+115% YoY)
ADVANCED MICRO DEVICES INC
2024-Q2 EPS reported
$0.24
revenue$11,308,000,000
- GAAP EPS $0.16; non-GAAP EPS $0.69 up 19% YoY; non-GAAP gross margin 53%.
- Data Center segment revenue $2.8B record, up 115% YoY on Instinct GPU and EPYC CPU ramp.
- Client segment $1.5B, up 49% YoY driven by Ryzen processor sales.
- Gaming segment $648M down 59% YoY; Embedded $861M down 41% on inventory normalization.
- Non-GAAP operating income $1.26B, operating margin 22%; cash flow not disclosed.