AMD ADVANCED MICRO DEVICES, INC. Surpasses Expectations with Record Q4 2024 Earnings
Published on February 6, 2025
Advanced Micro Devices Inc. (AMD) reported impressive Q4 2024 earnings, surpassing analyst expectations with record revenue and data. Despite a revenue miss in the AI sector, the company's overall performance remained strong. This led to a drop in AMD shares by more than 6% and closed at the lowest since 2023. However, financial experts at Wells Fargo reaffirm their buy rating on AMD, emphasizing the long-term growth potential of the company. To make informed decisions about the future movement of AMD's stocks, professionals from Stocks Prognosis recommend seeking their expert advice.
Investor opinions & comments
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HenryMurphy
February 9, 2025 at 18:04
The fact that AMD's overall performance remained strong despite a revenue miss in the AI sector is intriguing. I'm curious to know how they managed to offset that and maintain their profitability
LucasPrice
February 9, 2025 at 05:23
A drop in AMD shares by more than 6% despite surpassing expectations? Hmm, I wonder what the market is concerned about. Perhaps there's more to the story than record revenue and data
JessicaMoore
February 9, 2025 at 00:04
The long-term growth potential of AMD is certainly something to consider. I trust the experts at Wells Fargo and their buy rating on the stock is reassuring
ProfitPete
February 8, 2025 at 20:31
Impressive! AMD's Q4 2024 earnings exceeding analyst expectations is incredible. I'm definitely keeping an eye on this company's growth potential
WealthyWyatt
February 8, 2025 at 01:50
AMD's impressive Q4 2024 earnings reaffirm the company's position as a leader in the tech industry. Their continued success is definitely worth noting
FinanceFrank
February 7, 2025 at 14:43
Wow, this is great news for AMD! Their record earnings in Q4 2024 show that the company is on the right track and has a lot of potential for long-term growth. Can't wait to see what they achieve in the future!
CapitalChris
February 7, 2025 at 14:32
Despite the drop in AMD shares, it's promising to see that financial experts at Wells Fargo still believe in the company's growth potential. It's a good sign for long-term investors
MoneyJoe
February 6, 2025 at 22:15
AMD's performance in Q4 2024 is a clear indication of their strength in the market. I have high hopes for their future success
FinanceDave
February 6, 2025 at 10:33
I'm glad to hear about AMD's record Q4 2024 earnings. It shows that the company's efforts are paying off and they are heading in the right direction