CLAIM #5440 · Advanced Micro Devices Inc (AMD) · 2025Q1 earnings call · May 6, 2025 · due Jun 30, 2025
“We see continued strength in gaming. I would say much better than typical seasonality.”
Lisa Su · CEO
In context
“, the desktop channel, which is an area where we have a very strong, gaming products right now, actually performed well above seasonality in Q1. And that is really the strength of the ASPs there. So, that's what we saw in Q1. And then to your question about the guide for Q2, as Jean mentioned, we do have the new export control limitation on MI308. So, we have taken out that revenue, which is a $700 million headwind in Q2. But with that, we have a strong outlook given the strength across the rest of our businesses. So, we continue to see strength in clients going into the second quarter. Again, the desktop business continues to perform above typical seasonality. We're also seeing the beginning of the commercial ramp, which is a place where we have traditionally been quite underrepresented. We see continued strength in gaming. I would say much better than typical seasonality. That is really our AIB business with the Radeon products are ramping, as well as, consoles have now drained all of their inventory. And so they are starting their ramp into the year. And from a data center side, we see sequential growth on the CPU side. We see the GPU right on track, minus the China export controls. And so, for all of those reasons, we're pleased with where the performance of the business is right now. Jean Hu: Yes, I'll just add one point to what Lisa just said on the client business. We had really strong performance in Q1, especially client revenue is largely flat issue versus Q4. When you look behind it, our unit actually declined a double digit. So the revenue flat issue is largely driven by the ASP increases sequentially due to the richer mix that Lisa just mentioned”
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SEC filings for AMD ↗ · Claim quote is verbatim from the 2025Q1 earnings call.