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AMD Q3'2024 Financials
Their Biggest Revenue Ever (So Far)
AMD stated that margin for those parts is below corporate average, but the increased engagement and ramp will help drive operational efficiencies such that, long term, it is above that vital metric. Deployments still list software as a weak point for AMD, hence the recent acquisitions of nod.ai, mipsology, and silo.ai, and there is a general consensus that ‘it’s getting better’, but it still has to march on rather than simply relying on individual large customers to simple ‘get their stuff working’. The companies that fall under this banner include AMD, Applied Materials, Armari, ASM, Ayar Labs, Baidu, Dialectica, Facebook, GLG, Guidepoint, IBM, Impala, Infineon, Intel, Kuehne+Nagel, Lattice Semi, Linode, MediaTek, NordPass, NVIDIA, ProteanTecs, Qualcomm, SiFive, SIG, SiTime, Supermicro, Synopsys, Tenstorrent, Third Bridge, TSMC, Untether AI, Ventana Micro.
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