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Amd reports q3 revenue up 36% yoy to $9.24b, vs The revenue gains came as amd's data center sales climbed 69% to a record $3.86 billion driven by demand for the company’s artificial intelligence chips, but still missed the $4.12 billion. $8.7b est., data center revenue up 22% to $4.3b, and forecasts q4 revenue below the highest projections — advanced micro devices inc., the main contender to nvidia corp
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In the artificial intelligence chip market, failed to impress investors … Major wins at microsoft and meta demonstrate growing traction in ai acceleration, though still far behind nvidia’s dominance. $8.7b est., data center revenue up 22% to $4.3b, and forecasts q4 revenue below the highest projections published 04 nov 2025
Amd exceeded quarterly expectations, driven by its growing ai data center business, with projected revenue surpassing analysts' estimates.
November 1, 2024 / ben bajarin key takeaways data center momentum Amd’s data center segment more than doubled yoy to $3.5b, with the company raising its 2024 data center gpu revenue target to $5b+ from $4.5b+
