AMD Q3 Data Center Revenue $1.6B, Flat YoY; Client Segment Revenue $1.5B, Up 42% YoY, Embedded Segment Revenue $1.2B, Down 5% YoY
Portfolio Pulse from Benzinga Newsdesk
AMD's Q3 data center revenue was reported at $1.6B, showing no year-on-year change. The client segment revenue increased by 42% YoY to $1.5B, while the embedded segment revenue decreased by 5% YoY to $1.2B.
October 31, 2023 | 8:20 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
AMD's Q3 earnings report shows mixed results with flat data center revenue, increased client segment revenue, and decreased embedded segment revenue.
The flat data center revenue might be a concern for investors as it's a key growth area for AMD. However, the significant increase in client segment revenue could offset this. The slight decrease in embedded segment revenue is not likely to have a major impact. Overall, the impact on AMD's stock is neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100