Advanced Micro Devices Posts Q4 Revenue of $10.3B, Guides Q1 at $9.8B ±$300M
Advanced Micro Devices reported Q4 revenue of $10.3 billion, a 34% year-over-year increase, with adjusted EPS of $1.53 beating $1.32 estimates. The company provided Q1 revenue guidance of $9.8 billion ± $300 million but flagged higher-than-expected operating expenses due to AI infrastructure investments.
1. Q4 Financial Results
Advanced Micro Devices delivered Q4 revenue of $10.3 billion, up 34% year-over-year, and adjusted EPS of $1.53, surpassing the $1.32 consensus forecast. Strong top-line performance was driven by robust demand across data center and AI workloads.
2. Datacenter Momentum
The Datacenter segment outperformed expectations, fueled by server CPU share gains and the ramp of AI infrastructure products. Management highlighted continued strength in enterprise AI deployments and new product ramps supporting sustained growth.
3. Expense Outlook and Guidance
AMD forecasted Q1 revenue of $9.8 billion ± $300 million versus the $9.38 billion consensus, while cautioning that near-term operating leverage will be constrained by elevated software and systems investments for AI expansion. Higher operating expense guidance underpinned a Neutral rating from analysts.