AMD's revenue for the fourth quarter of 2024 soared to $7.658 billion, surpassing market expectations of $7.53 billion, marking a robust 24% year-over-year growth. Net profit for the quarter stood at $482 million, falling short of the anticipated $1.077 billion but still representing a significant 71% increase from the previous year. Gross margin for the quarter was 51%. Looking ahead, AMD projects revenue for the first quarter of 2025 to range between $6.8 billion and $7.4 billion, a modest undershoot of market expectations of $7.04 billion.
