AMD净利暴涨61%！

Core Viewpoint - AMD reported strong financial results for Q3 of fiscal year 2025, with significant year-over-year growth in revenue and net profit, indicating robust performance across its business segments [2][4]. Financial Performance Summary - AMD's total revenue for Q3 reached $9.246 billion, a 36% increase year-over-year, while net profit was $1.243 billion, up 61% [2]. - The data center segment generated $4.341 billion in revenue, reflecting a 22% year-over-year growth, and turned around from an operating loss of $155 million in the previous quarter to an operating profit of $1.074 billion [4]. - The client and gaming segments saw substantial growth, with combined revenue of $4.048 billion, a 73% increase year-over-year, and operating profit of $867 million [4]. - The client segment alone achieved a record revenue of $2.750 billion, up 46% year-over-year, while the gaming segment revenue surged to $1.298 billion, a staggering 181% increase compared to $462 million in the same quarter last year [4]. - The embedded products segment reported revenue of $857 million, a slight decline of 8% year-over-year, but showed sequential growth [4]. - AMD's overall operating losses in other segments narrowed to $954 million, both year-over-year and quarter-over-quarter [4]. Future Outlook - For Q4 of fiscal year 2025, AMD projects revenue to be around $9.6 billion, with a year-over-year growth rate of approximately 25%, exceeding analyst expectations of $9.2 billion [4]. - The company anticipates a non-GAAP gross margin of about 54.5% for the upcoming quarter [4]. - Notably, AMD's revenue outlook does not include potential earnings from the shipment of AMD Instinct MI308 chips to China [4].