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CLAIM #5284 · Advanced Micro Devices Inc (AMD) · 2024Q1 earnings call · Apr 30, 2024 · due Apr 30, 2025

We expect Turin to give us access to a broader set of workloads. So our SAM actually expands with Turin, both in enterprise and cloud. And from our experience, I think you'll see a faster transition than, for example, when we went from Milan to Genoa.

Lisa Su · CEO

PENDING
graded after results covering Apr 30, 2025 are reported

In context

he process improvement, those things are still ongoing. We do think over time, the gross margin should be accretive to corporate average. Joseph Moore: Great. And then as a separate follow-up. On the Turin transition on server, I know when you had transitioned in generally, you said it could take a little while, that there were significant platform shifts and things like that. Turin seems to be much more kind of ecosystem compatible. How quickly do you think you might see that product ramp within our server portfolio? Lisa Su: Yes. Joe, I think from what we see, look, think Turin is the same platform so that does make it an easier ramp. I do think that Genoa and Turin will coexist for some amount of time because customers are deciding when they're going to bring out their new platforms. We expect Turin to give us access to a broader set of workloads. So our SAM actually expands with Turin, both in enterprise and cloud. And from our experience, I think you'll see a faster transition than, for example, when we went from Milan to Genoa. Operator: Our next question is from Stacy Rasgon with Bernstein Research. Stacy Rasgon: For my first one, I wanted to address the MI300 ramp into Q2. So you said you've done $1 billion, give or take, in cumulative sales, which puts it at maybe, I don't know, maybe $600 million in Q1. You're guiding total revenues up about $225 million into Q2, but you've got Client up, you've got traditional Data Center up, you've got Embedded flat. Gaming is going to be down, but I'd hazard a guess that the client and traditional Data Center offset it, if not more. Does the MI300 ramp into Q2? Is it more or less than the total corporate ramp that you've got built into guidance right now that you're expecting? Jean Hu: Stacy, thanks for the question. You always ask a math question. So I think, in gener

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SEC filings for AMD · Claim quote is verbatim from the 2024Q1 earnings call.