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AMD拒绝预测,对中国市场表示担忧

Core Viewpoint - AMD faces uncertainty in returning to the crucial Chinese market, overshadowing its optimistic outlook for AI business growth [2][3] Financial Performance - AMD reported a revenue of $8.7 billion for the upcoming quarter, exceeding analyst expectations of $8.37 billion [3] - In Q2, AMD's sales grew by 32% to $7.7 billion, surpassing the average expectation of $7.43 billion [4] - The adjusted gross margin for the quarter was 43%, which could reach 54% without export control costs [4] AI Business Outlook - CEO Lisa Su expressed confidence in scaling AI business to hundreds of billions in annual revenue, while also expanding the MI350 product line [3][4] - AMD's AI chip, Instinct MI350, is competitive with Nvidia's GB200 chip, with seven out of ten major AI model builders using Instinct [4][5] Market Dynamics - The company’s data center revenue, which includes both CPU and GPU, reached $3.2 billion, a 14% year-over-year increase [5] - The client and gaming segment saw a 69% growth, reaching $3.6 billion, driven by strong demand for the latest desktop CPU, AMD Ryzen Zen 5 [5] Competitive Position - AMD has become a key technology provider in the computing industry, with a market capitalization approximately $200 billion higher than Intel [6] - Despite its growth, AMD has not yet matched Nvidia's dominance in the AI accelerator market [6]