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.
If you want to leave a comment, then you need Login or Register





Other data for AMD

Related data

AMDJuly 15, 2025QuantWave Forecast Accuracy: AMD Stock Hits Price Target with 31.32% Profit Margin  ~2 min.

On June 12, 2025, QuantWave's forecasting platform issued a long signal for Advanced Micro Devices, Inc. (AMD) when the stock was trading at $118.5....


AMDJuly 15, 2025ADVANCED MICRO DEVICES, INC. Hits QuantWave Price Target Forecast with 33.96% Profit  ~1 min.

QuantWave, a leading automated forecasting platform, has once again demonstrated its accuracy with the recent achievement of a price target forecast for ADVANCED MICRO DEVICES, INC....


AMDJuly 11, 2025ADVANCED MICRO DEVICES, INC. Stock Price Target Hit, Generating 26.05% Profit  ~1 min.

On June 13, 2025, QuantWave's forecast signal indicated a long position for ADVANCED MICRO DEVICES, INC. stock when it was trading at $116.16....


AMDApril 7, 2025ADVANCED MICRO DEVICES, INC. Hits Price Target Forecast with 21.42% Profit  ~1 min.

Advanced Micro Devices, Inc. (AMD) recently achieved the price target forecast set by QuantWave, resulting in a profit of 21.42%....


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....


AMDApril 4, 2025Advanced Micro Devices, Inc. Hits Forecast Price Target with 21.33% Profit: A QuantWave Success Story  ~1 min.

On October 10, 2023, QuantWave, the automated forecasting platform, issued a short signal for Advanced Micro Devices, Inc. (AMD) with a price target of $85.76....


AMDApril 3, 2025Advanced Micro Devices, Inc. Hits Price Target Forecast with 21.51% Profit Margin  ~1 min.

Advanced Micro Devices, Inc. (AMD) recently achieved its price target forecast set by QuantWave, with a profit margin of 21.51%....


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....


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 25, 2024Advanced Micro Devices Inc. AMD's Innovative Solutions Gain Investor Attention  ~2 min.

Advanced Micro Devices Inc. (AMD) has become the center of attention for investors due to its innovative and cutting-edge solutions....


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....