AMD Record Growth Driven by Data Center
Advanced Micro Devices posts strong revenue growth, beating analyst expectations, though challenges remain in specific market segments.Semiconductor designer Advanced Micro Devices (AMD 4.58%) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 4, that beat analysts consensus estimates. The results highlight a robust quarter, showcasing record revenue growth of 24.2% year over year, thanks largely to its Data Center and Client segments. With adjusted earnings per share (EPS) at $1.09 agains ...