Will Dr Lisa Su give greatly increased AI sales guidance? It will be a good quarter anyways without AI. But not nearly as fun.
I see $Advanced Micro Devices(AMD)$ earnings growing by 11.9% this quarter to $0.77 per share and revenue will grow by 9.5% to $6.1 billion. Adjusted gross margins will expand to 51.5% from 51% last year.
Consoles will be later mid cycle and hence slightly lower. Even without much AI in 4Q23…. Data Center business revenue will still grow by 39% to $2.3 billion in the fourth quarter and an impressive client-side segment will grow by 68% to $1.5 billion.
Finally Dr Lisa Su will need to be be a little more descriptive than the cryptic $400M in 4Q23 GPU sales & the $2B+ 2024 guidance that she gave for MI300 that were “direct line of sight sales.
audie murphy horse GIF by GritTV
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