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CLAIM #5170 · Advanced Micro Devices Inc (AMD) · 2023Q3 earnings call · Oct 31, 2023 · due Dec 31, 2023

So I think for the second half, we said we expect Data Center business to grow approximately 50% versus first half. But right now based on what we are seeing, we continue to see in that similar range of that 50%.

Jean Hu · CFO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

ow substantially in the third quarter and then into the fourth quarter. Operator: And the next question comes from the line of Aaron Rakers with Wells Fargo. Please proceed with your question. Aaron Rakers: Yeah. Thank you for taking the questions. Just to build off that last question, Jean, I think last quarter, you kind of endorsed the notion that your Data Center business would grow. I think it was in the high-single digit range. I think you started the year thinking like 10. So I guess the question is, do you still see that kind of growth rate setup? And how has that $400 million evolved underneath that? Has that -- was it $300 million now going to $400 million? Just how has that changed over the course of the last quarter just to level set that Data Center expectation? Jean Hu: Yeah. So I think for the second half, we said we expect Data Center business to grow approximately 50% versus first half. But right now based on what we are seeing, we continue to see in that similar range of that 50%. So we are very happy and pleased about the strong momentum of our Data Center business. On the GPU side, Lisa mentioned about $400 million, around $400 million. As we go through the quarter, we have a strong engagement with the customers. So we do see the progress continues and we see customers placing orders. So that's why when we go through the quarter, we start to increasingly confident about the revenue profile in Q4 we are guiding. Lisa Su: Yeah. And Aaron, if I could add to that -- if I can just add to that. I think what we've seen is the adoption rate of our AI solutions has given us confidence in not just the Q4 revenue number but also sort of the progression as we go through 2024. Aaron Rakers: Yeah. That's helpful. And maybe just the follow-up, how would you characterize the sup

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SEC filings for AMD · Claim quote is verbatim from the 2023Q3 earnings call.