AMD announced the fourth quarter financial results of 2024 and achieved a remarkable success in the sector. The significant performance of the company’s data center and processor sales has increased its income considerably. For the first time in history, AMD’s data center sales left Intel behind. Details in our news…
AMD left Intel for the first time in data center income!
In particular, the Data Center section was AMD’s largest source of income in this quarter. The data center department income reached 3.86 billion dollars in the 4th quarter and recorded 69 %on an annual basis. The figures, which have increased compared to the previous quarter, revealed the rise of the company in the data center market. AMD’s 4th quarter and annual financial performance in 2024 is as follows:
- 4th quarter income: 7.66 billion dollars (24%increase)
- 4th quarter gross profit margin: 51 %
- 4th quarter net profit: 482 million dollars
- Annual Income: 25.8 billion dollars (14%increase)
- Annual gross profit margin: 49 %
- Annual net profit: 1.64 billion dollars
AMD gave date! RX 9000 graphics cards can shake NVIDIA
AMD’s new generation Radeon RX 9000 series graphics cards will be introduced very soon. The new graphics cards will compete with the RTX 5070 and 5060 Ti.
AMD’s data center operation profit was $ 1.15 billion. In other words, there is a big leap when we compare the $ 666 million snow in the same period last year. On the other hand, Intel’s data center and artificial intelligence department revenues remained at $ 3.4 billion in the same period and only $ 200 million. Which clearly revealed that AMD had passed Intel in the data center segment in terms of income.
Nevertheless, despite all these successes, AMD was below the expectations of analysis. Market analysts expected data center revenues to reach $ 4.14 billion. The company was about 280 million dollars of estimates. What do you think about this? You can write your opinions in the comments section below…
