CLAIM #5451 · Advanced Micro Devices Inc (AMD) · 2025Q1 earnings call · May 6, 2025 · due Dec 31, 2025
“But we do believe that it will grow year-over-year going forward in Q3 and Q4 certainly for us to do the full year with strong double-digit growth.”
Lisa Su · CEO
In context
“MI350 series being a relatively, let’s call it, not large list. So the And so the focus on the rack scale stuff is on MI400. Operator: And the next question comes from Stacy Rasgon with Bernstein Research. Stacy Rasgon: Hi, guys. Thanks for taking my questions. For the first one, given the China data center GPU headwinds in Q2 and Q3, do you think that GPU business actually grows year-over-year in Q2 and Q3? Understanding your comments for the full year on it. But do you think given those headwinds in Q2 and Q3 it can actually grow year-over-year? Lisa Su: I think you're, let's see, Stacy, the best way to answer that question is in Q2 it's not going to grow year-over-year. Just given what we said about the $700 million coming out of Q2 and how we had previously talked about the evolution. But we do believe that it will grow year-over-year going forward in Q3 and Q4 certainly for us to do the full year with strong double-digit growth. Stacy Rasgon: Okay. So you do think it can grow year-over-year in Q3. Okay. For my second question, I wanted to ask about kind of the trends in Q1. So you said it was data center GPU was down I guess modestly in Q1 as expected. But again if I go back to your sort of double-digit year-over-year comments, I mean, it couldn't have been any more than like $1.4 billion in Q1 for this [inaudible] and it feels like it's less than that. Which mean it would have down at least 20% sequentially maybe more which also implies the server CPUs in Q1 were up sequentially which is also well above seasonal similar to clients. I guess what I'm asking is are those trends correct? Am I modeling that correct? And I guess what are the implications in that case of server CPUs actually up well above seasonal in Q”
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SEC filings for AMD ↗ · Claim quote is verbatim from the 2025Q1 earnings call.