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Home Technology

AMD sees massive 24% revenue surge in Q4 but 28% lower profit dipped shares

5 February 2025
in Technology
AMD sees massive 24% revenue surge in Q4 but 28% lower profit dipped shares
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AMD reported strong Q4 results, with revenue up 24% to $7.66 billion, driven by a thriving data center business fueled by AI workloads. Despite this growth, the stock dropped nearly 5% in after-hours trading. The company’s data center segment revenue surged 69% to $3.9 billion, while client CPU revenue increased by 58%, although gaming revenue declined by 58% due to aging console chip sales.

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