AMD FY24Q1 Earning Viz

Advanced Micro Devices, Inc. (AMD) is an American multinational corporation and semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. AMD’s main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations, personal computers, and embedded system applications. The company has also expanded into new markets, such as the data center, gaming, and high-performance computing markets. AMD’s processors are used in a wide range of computing devices, including personal computers, servers, laptops, and gaming consoles. While it initially manufactured its own processors, the company later outsourced its manufacturing, after GlobalFoundries was spun off in 2009. Through its Xilinx acquisition in 2022, AMD offers field-programmable gate array products.

• AMD reported a Q1 2024 revenue of $5.47 billion, with a slight beat over the estimated $5.46 billion. The company’s earnings per share (EPS) for the quarter was $0.62, exceeding the expected $0.61. The company’s margins reached 47%, historically quite good for AMD.
• The company saw a significant 80% year-over-year increase in Data Center Revenue, while Client Segment revenue was up 85%. However, Gaming and Embedded segments experienced declines, with Gaming down 48%.