Recap: AMD reported Q3 2024 revenues of $6.819 billion, an 18 % enhance from $5.8 billion in the identical interval final yr. Gross revenue reached $3.4 billion, up 24 % year-over-year (YoY), whereas web revenue stood at $771 million, marking a 151 % enhance over Q3 2023.
The robust outcomes had been pushed by file information heart revenues of $3.549 billion, up 122 % YoY and 25 % sequentially, fueled primarily by excessive demand for EPYC CPUs. Income from the shopper phase was $1.9 billion, a 29 % YoY and 26 % sequential enhance, largely because of strong gross sales of AMD’s new Zen 5 desktop processors.
Income from the gaming phase, which incorporates discrete Radeon GPUs and semi-custom SoC merchandise, was $462 million, down 69 % from Q3 2023 and 29 % from Q2 2024, primarily because of a decline in semi-custom income. AMD doesn’t disclose GPU revenues individually.
Embedded phase income was $927 million, down 25 % YoY however up 8 % sequentially. This phase consists of the brand new EPYC Embedded 8004 sequence processors for high-performance workloads and the budget-friendly Alveo UL3422 accelerator card for ultra-low latency digital buying and selling functions.
AMD overtook Intel for the primary time in information heart income in 3Q24. However, their DC income scale is small that they’re lower than NVIDIA’s networking (non compute) income alone. pic.twitter.com/3LEGTkDF8T
– Sravan Kundojjala (@SKundojjala) November 3, 2024
AMD’s third-quarter financials are largely optimistic, however the standout metric is its file information heart income, which surpassed Intel’s information heart and AI group’s earnings for the primary time. Simply final week, Chipzilla reported DCAI revenues of $3.3 billion, down from almost $6 billion in Q1 2022.
Launched final month, AMD’s Epyc 9005 “Turin” processors characteristic new Zen 5 and 5c core architectures. The lineup is led by the EPYC 9965, which options 192 Zen 5c cores, 384 threads, a base clock of two.5GHz, and a lift clock of as much as 3.7GHz. It affords 384MB of L3 cache and has a default TDP of 500W. It retails for $14,813.
AMD’s newest EPYC processors compete within the information heart market with Intel’s Granite Rapids and Sierra Forest lineups. Launched earlier this yr, Intel’s new Xeon 6 6900 “Granite Rapids” sequence is led by the Xeon 6980P, that includes 128 high-performance cores and 256 threads. It has a base clock of two.0 GHz, a lift clock of three.9 GHz, 504 MB of L3 cache, and a default TDP of 500W, with a price ticket of $17,800.
