AMD s fourth quarter net profit soared by more than 3,000 times! AI chip sales exceeded expectations

Mondo Finance Updated on 2024-02-01

**: Fast Technology.

Fast Technology reported on January 31 that today, AMD released its fourth fiscal quarter 2023 performance report, with a net profit of 6$6.7 billion (about 4.7 billion.)900 million yuan), a significant increase of 3,076% compared with 21 million US dollars in the same period last year.

According to the report, AMD's revenue in the fourth fiscal quarter was 61US$6.8 billion (about 44.3 billion yuan), compared with 55.5 in the same period last year$9.9 billion, an increase of 10%; Compared to 58 in the previous quarter0 billion US dollars compared to an increase of 6%.

Net profit was 6$6.7 billion, a significant increase of 3,076% compared to $21 million in the same period last year, and 2$9.9 billion, an increase of 123%.

In terms of segments, AMD's PC chip division revenue was 14600 million US dollars (about 10.5 billion yuan), below the expected 15$100 million.

Sales of data centers, including AI server chips, increased 38% year-over-year to 22$800 million (about 163..)7.3 billion yuan), and analysts expected 2.3 billion yuan.

The gaming segment related revenue was 13$700 million (about 98.)3.8 billion yuan), analysts had expected sales of 12$500 million.

AMD Chairman and CEO Lisa Su said at the conference that sales of AI chips (MI300) in the fourth quarter exceeded expectations of $400 million, and sales are expected to reach $3.5 billion in 2024, up from $2 billion previously.

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