AMD’s fourth quarter revenue increased by 24% to $7.7bn. Performance was driven by strong growth in both Data Center and the personal computing focussed Client division, which helped to offset large declines in Gaming.
Underlying operating profit grew by 69% to $2.0bn, with operating margin improving from 21% to 24%.
Free cash flow was $1.1bn up from £0.5bn last quarter and ended the period with a net cash position of $2.9bn.
First quarter revenue for 2025 is expected to land between $6.8-$7.4bn with Data Center sales expected to fall around 7% quarter-on-quarter, with no specific guidance given for AI focused chips.
The shares fell 8.6% in after-hours trading.
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