US EditionAMD earnings beat as overall sales surge by 36%
- Advanced Micro Devices reported its fiscal first-quarter 2025 earnings with revenue of $7.44 billion, beating expectations on May 6, 2025.
- The revenue increase of 36% year-over-year resulted primarily from strong demand for AMD’s data center and PC processor products amid a competitive AI chip market.
- Key factors included a 57% increase in data center revenue, reaching $3.7 billion, fueled by robust sales of AMD’s EPYC processors and AI-focused Instinct GPUs, along with a 28% growth in the client segment to $2.9 billion.
- AMD’s adjusted earnings per share rose 55% year-over-year to 96 cents, while the company forecasts Q2 revenue near $7.4 billion and anticipates a gross margin decline to 43% due to an $800 million charge from US export restrictions.
- Despite ongoing trade tensions, regulatory challenges, and a gaming segment decline, AMD’s management expects continued strong growth across data center, AI, and client markets in 2025.
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Muskoka Region+6 Reposted by 6 other sources
AMD to Host Annual Meeting of Stockholders
SANTA CLARA, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) will hold its Annual Meeting of Stockholders on Wednesday, May 14, 2025 at 9 a.m. PDT as a virtual meeting accessible at https://www.virtualshareholdermeeting.com/AMD2025. Forward-looking and other material information…
·Muskoka Lakes, Canada
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Leaning Left9Leaning Right2Center6Last UpdatedBias Distribution53% Left
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C 35%
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