Description
Advanced Micro Devices managed to surpass analysts’ revenue and earnings expectations, achieving notable milestones in AI hardware and software development and reinforcing their momentum in AI solutions. With over 50 notebook designs powered by Ryzen AI in the market, collaboration with Microsoft on the next Windows generation, and strong growth in PC and Data Center segments, the quarter yielded a 4% YoY and 8% sequential revenue increase to $5.8 billion. In the Data Center segment, AMD secured commitments from large hyperscale customers for Instinct MI300 accelerators, leading to flat YoY but a 21% sequential revenue increase to $1.6 billion. The cloud sector witnessed double-digit growth in EPYC CPU revenue, with major cloud instances launched by industry giants. In the enterprise domain, the adoption of Genoa and expanded go-to-market efforts resulted in double-digit sequential revenue growth. The launch of Siena processors expanded the 4th Gen EPYC portfolio, catering to intelligent edge and telco applications. In the Data Center GPU business, AMD made significant strides with Instinct MI300 accelerators, achieving traction in customer deployments. Strategic acquisitions of Mipsology and Nod.ai enhanced AI software capabilities. Looking ahead, their team anticipates strong growth in the Data Center business, driven by EPYC and Instinct processors, while acknowledging potential challenges in the Embedded business and lower semi-custom revenue.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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