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AMD Outsells Intel In the Datacenter For the First Time
During the fourth quarter of 2024, AMD surpassed Intel in datacenter sales for the first time in history -- despite weaker-than-expected sales of its datacenter GPUs. Tom's Hardware reports: AMD's revenue in Q4 2024 totaled $7.658 billion, up 24% year-over-year. The company's gross margin hit 51%, ...
Tom's Hardware reports: AMD's revenue in Q4 2024 totaled $7.658 billion, up 24% year-over-year. Datacenter business was the company's primary source of earnings, with net revenue reaching record $3.86 billion in Q4, marking a 69% year-over-year (YoY) increase and a 9% quarter-over-quarter (QoQ) rise. By contrast, Intel's datacenter and AI business unit posted $3.4 billion revenue, while its operating income reached $200 million.
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