It has become one of the important names in the hardware industry with its affordable products compared to its competitors. AMDhas published a report on the financial situation over the past three months. The published report shows that the work at AMD it goes well shows. Because both the money the company made and the profits it made increased.

Looking at AMD’s statements, we see that the money was made in the first quarter of 2024 $5.5 billion We see that this is so. The company’s turnover increased by 2% compared to the same period last year. The company’s gross profit margin was 47 percent.

AMD’s revenue comes from artificial intelligence data centers!

AMD makes $5.5 billion by categories He also explained his situation. According to the company’s statement, AMD’s revenue from its data center business was $2.3 billion. With this from the gaming industry Profits were recorded as $922 million. AMD made $1.4 billion from integrated chips sold to other brands and earned more than $846 million from other companies. While the company’s revenue from games and other activities fell, it achieved growth of 80% or more in data centers and integrated chips.

Below you can view the profit and loss statement shared by AMD:

AMD prays for artificial intelligence

The earnings report published by AMD also explained the reasons for the success. While the company’s CEO Lisa Su said that the period we are in is an exciting period in the technology field, she drew attention to the increase in data centers and chip sales.