AMD(US:AMD) 国芯网·2025-05-08 04:33Core Viewpoint - AMD reported strong Q1 performance but anticipates a $1.5 billion revenue loss due to U.S. chip export controls [2][3] Financial Performance - AMD's Q1 revenue reached $7.438 billion, a 36% year-over-year increase, exceeding market expectations of $7.1 billion [2] - GAAP net profit for the quarter was $709 million, up 476% from $123 million in the same period last year [2] - Non-GAAP net profit increased by 55% to $1.566 billion, with diluted earnings per share also rising by 55% to $0.96, slightly above the expected $0.94 [2] Future Guidance - For Q2 2025, AMD expects total revenue to reach $7.4 billion, higher than the previous market expectation of $7.3 billion, with a projected gross margin of 43% [2] - CEO Lisa Su emphasized the company's strong product portfolio and execution capabilities, indicating a robust growth outlook for 2025 despite changing macro and regulatory environments [2] Regulatory Environment - Lisa Su highlighted the need to balance national security export controls with ensuring widespread technology adoption, stating that this balance is beneficial for U.S. jobs and the economy [3] - The company previously disclosed that shipping MI308 chips to China and other countries could incur costs of up to $800 million [3]