earnings
confidence high
sentiment positive
materiality 0.85
AMD reports Q3 revenue $6.8B, non-GAAP EPS $0.92; Data Center record $3.5B
ADVANCED MICRO DEVICES INC
2024-Q3 EPS reported
$0.71
revenue$18,127,000,000
- Revenue $6.819B, up 18% YoY; GAAP EPS $0.47, non-GAAP EPS $0.92 (up 31% YoY).
- Data Center segment revenue record $3.5B, up 122% YoY on Instinct GPU and EPYC CPU sales.
- Client segment $1.9B (+29% YoY); Gaming $462M (-69% YoY) on lower semi-custom revenue.
- Embedded segment $927M (-25% YoY) but up 8% sequentially; demand improving in several end markets.
- Acquiring ZT Systems for AI data center infrastructure; expected close in H1 2025.