Advanced Micro Devices Inc (NASDAQ:AMD) delivered impressive Q4 results, surpassing expectations and boosting its stock by 4% in after-hours trading.
\u2714 Adjusted EPS: $1.09 (beat by $0.01)
\u2714 Q4 Revenue: $7.7 billion (24% YoY growth, beating $7.54B consensus)
\u2714 Data Center Growth: Nearly doubled annual revenue, driven by EPYC processors and AI computing solutions.
\u2714 Record 2024 Results: Annual revenue hit $25.8 billion, with 53% gross margin.
AMD's Q1 2025 forecast is positive, with revenue projected between $6.8B and $7.4B. The midpoint of $7.1B exceeds analyst expectations.
AMD's Data Center Segment continues to be the star, propelled by EPYC adoption and AI demand, further solidifying its position in the tech space.
\u2705 Market Biggest Gainers API – Get insights on AMD’s performance vs. competitors.
\u2705 Financial Growth API – Track key growth metrics and performance drivers.
