AMD | 4Q 2024: Growth in data centers, but AI faces challenges

AMD released its results for the last quarter and the numbers indicate an interesting development - at first glance, positive results in sales and profit were not enough to maintain investor confidence. What's behind the stock price drop, even though the company beat analysts' expectations?

What's going on?

The semiconductor market is going through a turbulent period and AMD is at a crucial stage in its evolution. While some results suggest growth, there are also signs that raise questions about the company's future direction. Will AMD be able to remain competitive in the data centre segment?

How was the last quarter?

Advanced Micro Devices $AMD posted fourth-quarter results that beat Wall Street's expectations on both revenue and profit. Still, the company's stock fell about 6% in the aftermath of the results as sales in its key data center segment fell short of expectations. AMD reported adjusted earnings per share of $1.09, which was slightly above analysts' expectations of $1.08.…