Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Advanced Micro Devices Inc. Reports Record Revenue and Data Center Growth in Q4 2024

February 08, 2025
Advanced Micro Devices Inc. (AMD), a leading semiconductor company, announced its Q4 2024 earnings with impressive results. The company reported record-breaking revenue and significant growth in the data center segment.
During the earnings call, AMD highlighted its remarkable performance, showcasing its ability to withstand the recent tech selloff. Despite market challenges, the company managed to deliver exceptional financial results, exceeding market expectations.
AMD's revenue for Q4 2024 reached an all-time high, driven by strong demand for its processors and chips across various industries. The company's data center business experienced substantial growth, as more companies embraced digital transformation and increased their cloud computing capabilities.
However, AMD's stock experienced a temporary setback as the data center revenue fell short of analysts' predictions. This led to a drop of over 6% in the stock price, reaching its lowest level since 2023. Nevertheless, industry experts and analysts remain optimistic about AMD's long-term prospects.
Considering the recent dip in stock price, investors are advised to seek professional guidance from Stocks Prognosis to make informed decisions about buying AMD shares. Stocks Prognosis provides accurate forecasts and expert insights into the potential movement of AMD's stock, giving investors an advantage in navigating the market with confidence.

Find out how the ADVANCED MICRO DEVICES, INC. rate is expected to change

Get Forecast for AMD

Investor opinions & comments:

I'm glad to hear about AMD's significant growth in the data center segment. The demand for processors and chips must be booming
— from EmilyMiller at 02-11-2025 10:04
While the overall results look good, the data center revenue falling short of predictions is concerning
— from ScarlettRivera at 02-09-2025 20:51
Kudos to AMD for achieving an all-time high in revenue. Their products are clearly in high demand
— from FinanceFiona at 02-09-2025 18:09
AMD's remarkable financial results show its resilience in the market. They have exceeded expectations!
— from FinanceFelix at 02-09-2025 14:15
I'm not sure if the temporary setback in AMD's stock price is an indicator of a larger problem
— from LilyPerez at 02-09-2025 07:29
This is impressive! AMD's ability to outperform despite the recent tech selloff is commendable
— from CashKendra at 02-08-2025 23:13
Great news! I'm excited to see AMD's record-breaking revenue and data center growth
— from SadieColeman at 02-08-2025 10:05
The drop in stock price might be a cause for concern, but I'm still uncertain about the long-term prospects of AMD
— from AubreyCook at 02-08-2025 05:59
The increase in cloud computing capabilities must have contributed to AMD's data center growth. It's a smart move for companies to embrace digital transformation
— from FinanceFrank at 02-08-2025 04:54
If you want to leave a comment, then you need Login or Register





Other news for AMD

AMDApril 4, 2025ADVANCED MICRO DEVICES, INC. Stock Hits QuantWave Price Target Forecast with 25.3% Profit  ~1 min.

On March 25, 2025, QuantWave, the automated forecasting platform, issued a short forecast signal for ADVANCED MICRO DEVICES, INC. (AMD) with a price target of $85.76. The stock had been trading at $114....

AMDMarch 22, 2025Advanced Micro Devices Inc: A Winning Formula for Financial Success  ~2 min.

Advanced Micro Devices Inc (AMD) has been making waves in the technology industry with its impressive financial performance and competitive strengths....

AMDMarch 19, 2025Advanced Micro Devices Inc. Expanding AI-Driven Capabilities to Meet Rising Data Center Demand  ~2 min.

As AI technology continues to dominate the digital landscape, Advanced Micro Devices Inc. (AMD) is strategically positioning itself to capitalize on the growing demand for AI-driven solutions....

AMDMarch 17, 2025Is Advanced Micro Devices Inc. AMD the Top Semiconductor Stock to Buy Now  ~2 min.

Advanced Micro Devices Inc. (AMD) has been making waves in the semiconductor industry with its innovative products and strong financial performance....

AMDFebruary 26, 2025Advanced Micro Devices Inc. Stock Shows Upside Potential Despite Data Center Weakness  ~1 min.

An analyst has recently stated that shares of Advanced Micro Devices (AMD) have significant upside potential, even though the company is facing challenges in the data center market....



Related news

AMDJanuary 2, 2025Advanced Micro Devices Inc. AMD is Expanding Its Presence Globally with Exciting New Products  ~2 min.

Advanced Micro Devices Inc. (AMD) has been gaining significant attention from investors due to its impressive growth in the semiconductor industry....

AMDJanuary 7, 2025AMD Announces First Dell Commercial PCs Powered by AMD Ryzen AI PRO Processors  ~2 min.

Advanced Micro Devices, Inc. (AMD) recently announced its collaboration with Dell in launching the first set of Dell commercial PCs powered by AMD Ryzen AI PRO processors....

AMDDecember 25, 2024AMD's Strong Investor Appeal and Recent Bullish Coverage  ~2 min.

Advanced Micro Devices Inc. (AMD) has been gaining significant attention from investors due to its recent performance and positive coverage from analysts....

AMDDecember 20, 2024Advanced Micro Devices Inc.: The Rising Star of the Tech Industry  ~2 min.

Advanced Micro Devices Inc. (NASDAQ: AMD) has been making waves in the tech industry with its innovative products and impressive financial performance....

AMDFebruary 12, 2025Advanced Micro Devices Inc. Delivers Impressive Earnings, Shares Skyrocket  ~2 min.

Advanced Micro Devices Inc., the renowned semiconductor manufacturer, recently released its earnings report, which exceeded expectations and caused a significant surge in the company's stock price....