AMD sees Q1 revenue $7.1B +/- $300M, consensus $6.99B

For the first quarter of 2025, AMD (AMD) expects revenue to be approximately $7.1B, plus or minus $300M. At the mid-point of the revenue range, this represents year-over-year growth of approximately 30% and a sequential decline of approximately 7%. Non-GAAP gross margin is expected to be approximately 54%.”We closed 2024 with a strong fourth quarter, delivering record revenue up 24% year-over-year, and accelerated earnings expansion while investing aggressively in AI and innovation to position us for long-term growth and value creation,” said AMD EVP, CFO and Treasurer Jean Hu.