Useful information
Prime News delivers timely, accurate news and insights on global events, politics, business, and technology
Join our daily and weekly newsletters to obtain the latest updates and exclusive content on the coverage of the industry leader. Get more information
Advanced Micro Devices reported revenues of $ 7,658 billion for the fourth quarter, 24% more than a year ago. But the price of AMD shares fell out of time to $ 113.66, 4.89%less.
The net income was $ 482 million for the fourth quarter that ended on December 31, 28% less than $ 667 million the previous year.
AMD saw income from the segment of the $ 3.9 billion data center in the quarter, 69% more than a year ago. It was driven by the CPU of EPYC record and income by instinct GPU, and the demand is being driven by the rapid adoption of AI. By 2024, the segment revenues of the data center was a record of $ 12.6 billion, an increase of 94% compared to the previous year, driven by growth both in AMD and EPYC processors.
When leaving 2024, there are more than 450 EPYC platforms available in the main OEM and ODM of servers, including more than 120 “Turin” platforms that entered production in the fourth quarter of Cisco, Dell, Hpe, Lenovo, Supermicro and others.
“2024 It was an exceptional year, since we accelerated our AI Hardware Roadmail to offer an annual cadence of new instinct accelerators, we expanded our whole of ROCM software with important elevations in the performance of inference and training, created strong relationships with Customers with key industry leaders and delivered more than $ 5 billion of income from the data center for the year, ”said their.
In the cloud, AMD left 2024 with a participation of more than 50% in most of the largest customers in Hyperscala.
“The hyperscalera demand for EPYC CPU was very strong, driven by extended implementations that boost both its internal calculation infrastructure and its online services,” said his. “The demand for the public cloud was also very strong with the number of instances of EPYC that increase 27% in 2024 to more than 1,000.
AWS, Alibaba, Google, Microsoft and Tencent launched more than 100 AMD General Purpose
and instances of the only quarter.
Customer income in the quarter was $ 2.3 billion, 58% more than the previous year. AMD itself expected the general Q4 to reach $ 7.5 billion in revenues, more or less $ 300 million. In November, AMD announced that I was saying goodbye to 4% of its staff, or around 1,000 people.
In customers, his said that AMD saw market share profits for the fourth consecutive quarter. She started the desk channel exhausted in the fourth quarter in multiple regions, since Ryzen dominated the best -selling CPU lists in many retailers worldwide, exceeding 70% in Amazon, Newegg, Mindfactory and many others during the holiday period .
Looking in 2025, his said that AMD is planning that the total available PC market is available (TAM) grows in a half -year -old percentage of half -year -year digits.
“Based on the amplitude of our CPU portfolio of leadership customers and a strong impulse of design design, we believe that we can increase the income of the client segment very ahead of the market,” he said.
The games segment saw income of $ 563 million, 58% less than a year ago due to the lower semicolustomous income. This income comes mainly from the sales of Xbox and PlayStation Game Console income.
As for the games, his said in the call that the income decreased 59% year after year to $ 563 million because Semi-Custom sales decreased as expected, since Microsoft and Sony focused on reducing the channel inventory.
“In general, this generation of consoles has been very strong, highlighted by the shipments of cumulative units
surpassing 100 million in the fourth quarter, ”he said. “Looking to the future, we believe that channel inventories have now been normalized, and semicolustometic sales will return to more historical patterns in 2025”.
And in the Game graphics on the PC, his said that the income decreased year after year, since the AMD accelerated the sale of channels in preparation for the launch of our RADEON 9000 series of next generation.
“Our approach to this generation is to address the largest volume of the market of enthusiasts with our new RDNA 4 architecture,” said his. “RDNA 4 offers significantly better ray tracking performance and add support for AI scale technology that will bring high quality 4K games to the main players when the first GPUs of the Radeon 9070 series go on sale in early March “
Integrated segment income of $ 923 million, 13% less than a year ago as customers continued to normalize inventory levels.
For the first quarter of 2025, AMD expects income to be approximately $ 7.1 billion, more or less $ 300 million. At the midpoint of the income range, this represents a growth year after year of approximately 30% and a sequential decrease of approximately 7%. It is expected that the gross margin does not gaap be approximately 54%.
“2024 was a transformative year for AMD, since we delivered annual record and a strong growth of profits,” said AMD CEO, Lisa Su, in a statement. “The annual segments data segment almost doubled as the adoption of the EPYC processor accelerated and delivered more than $ 5 billion of income from AMD instinct accelerators. Looking in 2025, we see clear opportunities for continuous growth based on the force of our product portfolio and a growing demand for high performance and adaptive computer science. ”
In an analyst call, his said: “2024 was a transformative year for AMD. We successfully established our AI franchise of the multimillionaire data center, we launched a wide set of leadership products and obtained an important participation in the server and PC market. As a result, we deliver annual record income, we increase the net income of 26 percent for the year and more than double the free cash flow from 2023 “.
He added that the data center segment contributed approximately 50% of the annual income as instinct and the adoption of the EPYC processor expanded significantly with cloud clients, the company and the supercomputing. The results of the quarter quarter were driven by the growth of the data center and the client segment, both grew by a two -digit percentage.
Especially the year, the annual income grew by 14% to $ 25.8 billion as the income of the data center almost doubled and the customer segment revenues grew 52%, more than a decrease in the description of the Game and integrated segments.
“We closed 2024 with a strong quarter quarter, offering record income up to 24% year after year, and accelerates the expansion of profits while investively investing in AI and innovation to position us for the growth and creation of long -term value,” he said The CFO of AMD Jean Hu, in a statement.
As noted, AMD dismissed about 1,000 of its 26,000 employees as of November. That was about 4% of its staff. AMD’s own dismissals arrive at a time when AMD has been surpassing Intel in the X86 processors market. But AMD has also been second in the transition of graphics processing units (GPU) to competition accelerators with the giant of the NVIDIA chips market.
But Mercury Research reports that the participation of AMD’s fourth quarter in Intel processors is 34% now, more dramatically from years ago.
His said that AMD closed a record of $ 14 billion of design profits in 2024, more than 25% year after year as the adoption of the client of the leading computing platforms leaders in the industry expands and AMD Won Won
Great and new designs of integrated processors.
Thanks to Epyc and Ryzen processors, AMD hopes to continue gaining market participation throughout the year.
“By 2025, we hope that the demand environment will be strengthened in all our businesses, promoting strong growth in our customer data and businesses and modest increases in our games and integrated businesses,” said your. “In this context, we believe that we can offer percentage income of two strong digits and growth of EPS year after year.”
His mentioned Depseek, the Chinese manufacturing AI model that can with a minimum use of GPU. That resulted in an accident in technological actions, including the price of Nvidia actions in particular.
“Looking later, the recent ads of important infrastructure investments of AI such as Stargate and the latest model advances of Deepseek and Allen Institute highlight the incredibly rapidly rapid rhythm of the innovation of AI in each layer of the battery, from silicon to algorithms, models , systems and systems and systems, ”said your. “These are exactly the types of advances that we want to see as the industry invests in a greater capacity for computing, while pushing the envelope in software innovation so that AI is more accessible and enables generative experiences and generative experiences and Agents that can be executed in practically each.
digital device “.
His said that he believes that the trends place AMD in a strong long -term growth trajectory, directed by the rapid scale of the AI franchise of the data center of more than $ 5 billion of income in 2024 to tens of billions of annual income dollars in the coming years.
Source link
