AMD to earn $7.7 billion in revenue in 2024
10.02.25
AMD reported record revenue of $7.7 billion in the latest quarter, up 24% from the same period in 2023. However, net income fell to $482 million from $667 million a year earlier.
For the full year of 2024, AMD earned $25.8 billion, up 14% on revenue, and profit rose 92% to $1.6 billion. The data center segment remains the main driver of growth, bringing in nearly $3.9 billion, up 69% from a year earlier. The PC processor division grew 58% to $2.3 billion in revenue. Embedded solutions brought in $923 million, down 13% from the previous quarter.
AMD’s gaming business, on the other hand, continues to see revenue decline. Sales in this segment fell 59% to $563 million, driven by falling demand for Sony and Microsoft consoles and its competitor’s dominance in gaming graphics cards.
The company is forecasting revenue of about $7.1 billion for the next quarter, down from its current level, but it continues to strengthen its core businesses.
Don't miss interesting news
Subscribe to our channels and read announcements of high-tech news, tes
Oppo A6 Pro smartphone review: ambitious
0 
Creating new mid-range smartphones is no easy task. Manufacturers have to balance performance, camera capabilities, displays, and the overall cost impact of each component. How the new Oppo A6 Pro balances these factors is discussed in our review.
Editor’s Choice 2025. Best devices of the year by hi-tech.ua
0 
The best gaming laptops, mice for work, gaming keyboards, smartphones, and wireless headphones of 2025. Among them, we will highlight the most interesting ones and those that we can recommend buying.
Modern Mercedes-Benz Unimog get 7.7-liter V6 car Mercedes-Benz
The concept is based on the Mercedes-Benz Unimog U 4023 with portal axles, a robust frame and a full set of differential locks. The main technical change was the replacement of the standard 5.1-liter diesel engine
Honor почне випускати ігрові смартфони games Honor smartphone
За швидкодію відповідають флагманські платформи Qualcomm: Honor Win побудований на Snapdragon 8 Elite, а Honor Win Pro – на новітньому Snapdragon 8 Elite Gen 5