Feb, 2025 : AMDs Data Center Revenue Disappoints Investors


AMD’s Data Center Revenue Disappoints Investors

📅 - AMDs data center segment faced investor skepticism following the companys latest earnings report, as it struggles to compete with AI computing leader NVIDIA. Despite reporting strong year-over-year growth in data center revenue, AMDs figures fell short of analyst expectations, triggering a more than 10% decline in its stock price after markets opened in New York on Wednesday.

During its earnings call, AMD projected high double-digit percentage growth for its data center division in 2024, with stronger performance expected in the second half of the year. However, in a competitive landscape dominated by NVIDIA - whose data center revenues have doubled annually for the past two years - AMDs [...][... Check source for end of article ...]
Tags: Data Center

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