AMD beats on revenue, earnings as overall sales rise 34% driven by AI
Well, Melissa Chipmaker AMD posting record numbers, $10.3% billion in revenue for the quarter, EPS of $153 and gross margins of 57%. But Q4 results included roughly 390 million in revenue from Instinct MI308 sales. That's a specific chip that AMD designed specifically for the Chinese market that wasn't included in AMD's original guidance.Those gross margin numbers as well also got a boost from the reversal of a $360 million uh in in inventory charges that AMD took earlier in the year related to China. So, t ...