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CLAIM #5328 · Advanced Micro Devices Inc (AMD) · 2024Q2 earnings call · Jul 30, 2024 · due Jul 30, 2025

We feel pretty good about the overall Data Center business to continue to be absolutely the driver of gross margin expansion.

Jean Hu · CFO

PENDING
graded after results covering Jul 30, 2025 are reported

In context

jor driver of our top-line revenue growth, will help with the margin expansion. But there are some other puts and takes. I think Lisa mentioned the PC business actually is going to do better in second half, especially typically, seasonally, it tends to be more consumer-focused. So that really is a little bit different dynamics there. Secondly, I’d say, Embedded business, we are going to see Embedded business to be up sequentially each quarter. But the recovery, as we mentioned earlier, is more gradual. So when you look at the balance of the picture, that's why we see the gross margin -- the pace of the gross margin changed a little bit, but we do see continued gross margin expansion. As far as MI300, we are quite confident over the long-term, it will be accretive to our corporate average. We feel pretty good about the overall Data Center business to continue to be absolutely the driver of gross margin expansion. Chris Danely: Thank you. Operator: Thank you. I would like to turn the floor back over to Mitch for any closing comments. Mitch Haws: Great. That concludes today's call. Thanks to all of you for joining us today. Operator: And ladies and gentlemen, that does conclude today's teleconference. You may disconnect your lines at this time. Thank you for your participation.

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SEC filings for AMD · Claim quote is verbatim from the 2024Q2 earnings call.