AMD Earnings: Data Center and PC Shine

Here's our initial take on Advanced Micro Devices' (AMD 4.58%) fourth-quarter financial report.Key MetricsMetricQ4 2023Q4 2024Changevs. ExpectationsRevenue$6.17 billion$7.66 billion+24%BeatAdjusted earnings per share$0.77$1.09+42%MetData center revenue$2.28 billion$3.86 billion+69%n/aClient revenue$1.46 billion$2.31 billion+58%n/aData center and PC growthAMD's overall revenue shot up 24% year over year in the fourth quarter. The data center segment, which accounts for AMD's EPYC server CPUs and its Instinct ...