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Advanced Micro Devices declared a turnover of $ 7.658 billion for the fourth quarter, up 24% compared to a year ago. But the AMD equity rate dropped in the after-hour $ 113.66, down 4.89%.
The net profit was $ 482 million for the fourth quarter enclosed on December 31, down 28%, compared to $ 667 million a year earlier.
AMD saw a turnover of the $ 3.9 billion data centers in quarter centers, up 69% compared to a year ago. It was motivated by record income from the EPYC CPU and the GPU instinct – and the demand is drawn by the rapid adoption of the AI. For 2024, income from the data centers segment was a record of $ 12.6 billion, an increase of 94% compared to the previous year, driven by the growth of AMD Instinct and Epyc processors.
Leaving 2024, there are more than 450 EPYC platforms available from the main OEMs of the server and ODM, including more than 120 “Turin” platforms that were in production in the fourth quarter of Cisco, Dell, Hpe, Lenovo , Supermicro and others.
“2024 was an exceptional year while we accelerated our AI hardware roadmap to offer an annual rate of accelerators of the new instinct, expanded our suite of ROCM software with important alcohol elements in inference And training performances, established solid customer relations with the main industry leaders and delivered more than $ 5, a billion revenue from AI of the data center for the year, “said SU.
In Cloud, AMD left 2024 with more than 50% sharing by majority of the largest hyperscal customers.
“The demand for hyperscalist for Epyc processors was very strong, driven by extended deployments supplying both their internal calculation infrastructure and their online services,” said SU. “Public cloud demand was also very strong, the number of EPYC instances increasing by 27% in 2024 to more than 1,000.
AWS, Alibaba, Google, Microsoft and Tencent have launched more than 100 AMD objectives
and AI bodies in the fourth quarter only.
Customer’s income during the quarter was $ 2.3 billion, up 58% compared to the previous year. The AMD itself expected the fourth global quarter to reach $ 7.5 billion in revenues, more or less $ 300 million. In November, AMD announced that it linked 4% of its staff, or around 1,000 people.
Among customers, Su said that AMD had seen market share gains for the fourth consecutive quarter. She has been selling the office chain in the fourth quarter in several regions while Ryzen has dominated the best -selling processor lists in many retailers in the world, exceeding 70% sharing on Amazon, Newegg, Mindfactory and many others during the vacation period.
Looking in 2025, Su said that AMD provided that the Total PC market available (TAM) is developing by a percentage halfway in annual shift.
“Based on the extent of our CPU leadership CPU portfolio and the high design wins, we believe that we can increase customer segment income long before the market,” she said.
The game segment recorded a turnover of $ 563 million, down 58% compared to a year ago due to the drop in semi-personalized income. These income comes mainly from sales of income from the Xbox and PlayStation game console.
With regard to the game, Su said in the appeal that revenues decreased 59% in annual shift to $ 563 million, because semi-personalized sales decreased as expected while Microsoft and Sony concentrated on Reduction in the inventory of channels.
“Overall, this generation of console was very strong, highlighted by cumulative unit expeditions
Going exceeding 100 million in the fourth quarter, “she said. “For the future, we believe that stocks of channels have normalized and semi-personalized sales will return to more historical models in 2025.”
And in the game graphs on the PC, SU said that revenues have decreased from year to year while AMD has accelerated the sale of channels in preparation for the launch of our GPU Next Gen Radeon 9000.
“Our goal with this generation is to meet the most volume part of the game market with our new DNA 4 architecture,” said Su. “The Arna 4 offers ray tracing performance much better and adds the support for scaling technology supplied by the AI which will bring high quality 4K games to players for the general public when the first GPUs of the Radeon 9070 series will be sold in early March. “
Integrated segment income of $ 923 million, down 13% compared to a year ago, while customers continued to normalize inventory levels.
For the first quarter of 2025, AMD expects revenues to be around $ 7.1 billion, more or less $ 300 million. In the middle of the income range, this represents growth from one year to the other of around 30% and a sequential drop of around 7%. The non -Gaap gross margin should be around 54%.
“2024 was a transformative year for the AMD when we have delivered record annual income and strong profile growth,” said Lisa SU, CEO of the AMD, in a statement. “The annual income of the data centers segment has almost doubled as the adoption of the accelerated EPYC processor and we have delivered more than $ 5 billion in AMD instinctive accelerator income. Looking in 2025, we see clear opportunities for continuous growth according to the strength of our product portfolio and growing and adaptive performance of performance. »»
In an analyst call, SU said: “2024 was a transformative year for AMD. We have managed to establish our AI franchise for several billion dollars, launched a large set of leadership products and won a significant server and market share. Consequently, we have generated record annual income, increased net profit by 26% for the year and more than doubled the cash flows available compared to 2023. ”
It added that the data centers segment has contributed around 50% of annual income as the instinct and adoption of the Epyc processor have extended considerably with Clients in the Cloud, the Company and the SuperCalculculcul. The results of the fourth quarter were motivated by the growth of the data center and the customer segment – both increased to a two -digit percentage.
On an annual basis, annual income increased by 14% to 25.8 billion dollars, income from the data center almost doubled and that customer segment revenues increased by 52%, more than compensate for declines Game segments and integrated segments.
“We closed in 2024 with a solid fourth quarter, generating record income of 24% in annual shift, and accelerated the expansion of profits while investing aggressively in AI and innovation to position us for growth Long -term and value creation, ”said AMD Jean Hu, in a press release.
As indicated, AMD dismissed around 1,000 of its 26,000 employees from November. It was about 4% of its staff. The own AMD layoffs are at a time when AMD beat Intel on the X86 processor market. But AMD was also second in the transition from graphic processing units (GPU) to AC accelerators in competition with the giant of the AI NVIDIA flea market.
But Mercury Research reports that the share of AMD’s fourth quarter against processors against Intel is now 34%, up spectacularly compared to years ago.
Su said that AMD has closed a record of $ 14 billion in design victories in 2024, up more than 25% on the other as customers of cutting-edge adaptive IT platforms are developing And AMD won
Large conceptions of integrated processors.
Thanks to the Epyc and Ryzen processors, AMD plans to continue to obtain market share throughout the year.
“For 2025, we expect the demand environment to strengthen in all our businesses, stimulating strong growth in our data center and our customer companies and modest increases in our play and integrated business companies”, said Su. “In this context, we believe that we can generate solid revenues in two -digit percentage and growth in BPA from one year to the next.”
Su said Deepseek, the Chinese manufacturing AI model which can with minimum use of GPUs. This has led to a crash in technological actions, including the course of NVIDIA shares in particular.
“Looking further, recent advertisements of important investments on IA infrastructure as Stargate and the latest breakthroughs of Deepseek model and the Allen Institute highlight the incredibly rapid rhythm of IA innovation On each layer of the battery, silicon, algorithms, models, systems and application systems and systems, “said SU. “These are exactly the types of advances that we want to see when the industry is investing in an increased calculation capacity while pushing the limits on software innovation to make AI more accessible and allow experiences of generating breakthroughs and agentic that can work on practically all
Digital device. “”
Su said that it believed that trends place the DMA on a long -term long -term growth trajectory, led by rapid scaling of the AI franchise of the data center of more than $ 5 billion Returned in 2024 to tens of billions of dollars in annual income in the coming years.
