AMD posts record revenue but disappoints with data center segment results
Company posted data center revenue of $3.86 billion in Q4 2024
News - Lisa Su
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AMD posts record data center revenue in Q2 2024 thanks to $1bn in MI300X sales
Data center revenue up 115 percent year-on-year
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AMD president Victor Peng to retire
Will leave company on August 30
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AMD unveils new Instinct accelerator; plans to release new data center GPU every year
Announcements were made at annual Computex event Taiwan
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AMD planning $155m R&D facility in Taiwan
Company must cooperate with local chip companies and universities
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AMD’s MI300 AI GPU sales drive 80 percent growth in data center segment
Company posted quarterly revenue of $5.47bn
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AMD data center segment sets internal revenue records, as GPU sales exceed expectations
Business unit posted sales of $2.28bn in the last three months
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AMD revenues fall as PC CPU sales plummet and data center business slows
But company expects data center sales to pick up later in the year