CLAIM #5132 · Advanced Micro Devices Inc (AMD) · 2023Q2 earnings call · Aug 1, 2023 · due Dec 31, 2023
“So, overall on balance, we think year-over-year it's probably more like a high single-digit. It's really strong ramp, not only in Q3, right, sequentially earnings double-digit -- strong double-digit. And the Q4, of course we're going to see continued sequential strong ramp.”
Jean Hu · CFO
In context
“to, for the full-year, the expectation is still growing 10% or double digits, I should say, for the full-year the Datacenter business, just confirming that. And what I'm really trying to ask is, given the guidance of flat year-over-year growth in Datacenter in 3Q, it would seem, if my math is correct, you're implying a 50% or so increase sequentially into 4Q. I'm just trying to frame exactly how you're thinking about the cadence of what 4Q looks like, underpinning that expectation? Jean Hu: Hi, Aaron. Thanks for the question. I think as Lisa just mentioned earlier, it's a very dynamic market. There are puts and takes. We have a tremendously strong momentum with our product portfolio, but there is continued softness in enterprise market, and also call it, the optimization is still ongoing. So, overall on balance, we think year-over-year it's probably more like a high single-digit. It's really strong ramp, not only in Q3, right, sequentially earnings double-digit -- strong double-digit. And the Q4, of course we're going to see continued sequential strong ramp. Aaron Rakers: Yes, that's helpful, Jean. And then just following up on that as well, how have you guys managed through, with that ramp in mind, the supply chain side? I know that your manufacturing partners talked about expanding their capacity significantly. Just curious of what you're seeing as far as being able to fulfill that degree of demand as we look into, not just this quarter, but into 4Q? Lisa Su: Yes, sure, Aaron. So, we have been really investing in our supply chain, the Datacenter growth is so strategic to us, that this has been part of the strategy. So, if you look at all aspects of the supply chain, from the wafers to the backend capacity, to some of the specific components that you need to do something of the class of MI300, we've worked with the entire supply chain. We fe”
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SEC filings for AMD ↗ · Claim quote is verbatim from the 2023Q2 earnings call.