Hey kids, did you hear about AMD, a big company that makes computer parts? They've been doing pretty well, making lots of money from selling chips for computers and servers. But their stock (like pieces of the company you can buy) has gone down a bit recently. Let's find out why!
- AMD made lots of money selling AI (Artificial Intelligence) chips, but not as much as their biggest competitor.
- They're not sure exactly how much more money they'll make from AI next year.
- Sales of chips for video games were lower last year.
| Fact | Number |
|---|---|
| AMD's 2024 revenue increase | 14% |
| AMD's 2024 adjusted earnings increase | 25% |
| AMD's AI revenue in 2024 | >$5 billion |
| Competitor's data center revenue (one quarter) | >$30 billion |
