AMD CEO LISA Su will be speaking at SEO’s May 8, 2025, in Washington, D.C., on “Biggest Technologies” and Artificial Intelligence.
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Advanced Micro Devices Wall Street beat expectations but reported one-third of quarterly results on margin guidance. The stock was sent to extended trading.
How the company did compared to the LSEG consensus:
- Earnings per share: $1.20 Adjusted, $1.16 Expected
- Income: $9.25 billion and $8.74 billion expected
Revenue rose 36% year over year in the fiscal third quarter ended Sept. 27, according to statement.
Net income rose to $1.24 billion, or 47 cents per share, from $771 million, or per share.
In the fourth quarter, AMD reported a 25% increase in revenue of approximately $9.6 billion. This is above LSEG’s $9.15B consensus. AMD sees a gross margin of 54.5% for the quarter, which met the consensus of 54.5%.
AMD, which is trying to keep up with Nvidia for artificial intelligence processors, does not include revenue from shipments of Instinct-Mi308 chips to China. That’s exactly what the leaders said The last quarter.
As of Tuesday’s close, AMD shares are up 107% this year, while the Nasdaq is up 21%.
AMD reached a deal with AI last month, with the AI startup taking a 10% stake in the store. OPDAIN consists of 6 gigawatts of AMD’s instinctive graphics technology units over several years and several generations, starting with the first 1 gigawatt rollout in the second half of next year.
For years, Open and other companies have relied on graphics chips Nvidia To run large-scale AI models.
Also in October Oracle was published 50,000 placements AMD Incinct Mi450 AI Chips will launch next year.
Standard Center Processing Units for AI and GPUS’ Data Center business, which posted third-quarter revenues of $4.34 billion. The StreetCount survey looked for $4.13 billion.
The client’s income is 2.75 bln. Gaming revenue rose 181% to $1.30 billion. StreetAcount’s consensus was $1.05 billion.
AmazonKey Cloud Client for AMD a Tuesday That he sold all of his Amd shares on September 30. Amazoncon built the position in the first quarter.
Executives will discuss analysts’ findings on a conference call starting at 5 p.m.
This is news. Check back for updates.
View: AMD Director of 1 Billion AI Supercomputing Partnership with Department of Energy
