Investors in anticipation of the publication of the quarterly and annual AMD reports are quite predictable to the successes of the competing NVIDIA in the calculation accelerations segment for the AI systems, therefore, the moderate forecasts of the AMD leadership in this area in this area, combined with a more modest revenue of the past quarter, caused disappointment and led to a decrease in the course Company shares after the closing of trading by almost 9 %.
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The server business, according to the AMD leadership, according to the results of the current year will increase the revenue by a significant two -digit value as a percentage, and the second half of the year will be more successful. The fall in the company’s shares was even taking into account the superiority of the results of the fourth quarter over analysts’s expectations. If the latter were counted on an AMD revenue of $ 7.53 billion, then it completed the quarter with a revenue of $ 7.66 billion. The income per share amounted to $ 1.09 against the expected $ 1.08.
The forecast for the revenue for the first quarter in the presentation of the AMD management was also higher than the market expectations: $ 7.1 billion versus $ 7 billion. At the same time, the Range of Revenue for the current quarter formally extends from $ 6.8 to $ 7.4 billion. The AMD profit rate in the current The quarter should be 54 %, Intel in the current conditions, for example, can only dream of this.
The AMD has completed the last quarter with a record revenue of $ 7.7 billion, which increased in an annual comparison by 24 % and increased consistently by 12 %. The rate of profit was 51 %, increasing four percentage points per year. At the same time, net profit decreased by 28 % to $ 482 million, largely due to the growth of operating expenses by 17 % to $ 3 billion. Operating profit increased by 155 % to $ 871 million.
All last year, AMD completed the revenue by 14 % to a record $ 25.8 billion. The profit rate was raised by three percentage points to 49 %, the operating profit increased by more than four times to $ 1.9 billion, the net almost doubled to $ 1.64 billion.
In the segment of data centers, AMD revenue in the last quarter reached a record value of $ 3.9 billion, showing an increase of 69 %, but analysts expected an average of $ 4.15 billion, and this became one of the reasons for the decline in the company’s shares after the publication of the reporting. Operating profit increased by 74 % to $ 1.2 billion. According to the results of the year, as a whole, the segment showed an increase in revenue by 94 % to a record $ 12.6 billion. In both cases, this was facilitated by the increase in sales of both the central processors of EPYC and the accelerators of Instinct calculations. According to the AMD leadership, of $ 12.6 billion from the previously last year, $ 5 billion accelerators in the server segment. Analysts count on doubling this amount according to the results of the current year. The General Director Lisa Su (Lisa Su) was limited to a statement, which only said that the profile revenue “in the coming years will begin to be measured in tens of billions of dollars a year.” Analysts expect the server segment as a whole will bring AMD in the amount of $ 18.4 billion in the amount of 2025, which will correspond to a height of almost one and a half times.
The company’s management expects that the AMD revenue in general, in the current year, will increase by a significant two -digit value as a percentage. In the calculation acceleration segment, the first half of the year will be at the past level, and from the middle of this year, AMD will have new products in this segment that will begin to generate revenue more actively. Preparations for the release of these products are carried out on schedule, buyers express their interest in them.
In the client segment that describes the sale of components for the PC, according to the results of the fourth quarter, AMD increased the revenue by 58 % to a record $ 2.3 billion. According to the results of only 2024, revenue in this direction increased by 52 % to the record $ 7.1 billion. As noted in A press release, Ryzen processors in both desktop and mobile segments were in good demand. The company’s operating profit in the fourth quarter in the PC segment increased by 711 % to $ 446 million, that is, more than eight times. By the way, if 2023 AMD completed the client business with operational losses of $ 46 million, the past was characterized by an increase in operating profit about 20 times to $ 897 million.
The PC market, as Lisa Su expects, will grow by no more than 5 %this year. Due to the strengthening of their market positions in this area, AMD will increase profile revenue faster than the market as a whole. AMD components for PC are in high demand, as the head of the company notes.
The AMD game segment was among the depressive ones, since in the fourth quarter it reduced the revenue by 59 % to $ 563 million, and in general, by the end of the year it decreased by 58 % to $ 2.6 billion. The old Microsoft and Sony Game consoles are guilt for all. which AMD supplies key components. The AMD operating profit in the game segment in an annual comparison dropped by 78 % to $ 50 million, but sequentially it increased more than four times.
The segment of built -in solutions was also not pleased with its reporting. The quarterly revenue in this direction decreased by 13 % to $ 923 million, the annual fell by a third to $ 3.6 billion.