Well, @AMD just closed out a record-breaking 2025 with massive momentum in AI and high-performance computing. Here are the highlights from the Q4 and full-year results:
🚀 Record-Breaking Financials
🟢 Q4 Revenue: Hit a record $10.3 billion, up 34% year-over-year.
🟢 Q4 Profitability: Delivered record non-GAAP net income of $2.5 billion and record non-GAAP EPS of $1.53, up 40% year-over-year.
🟢 Full Year 2025: Achieved record annual revenue of $34.6 billion, an increase of 34% from 2024.
🏗️ Segment Growth Engines
🟢 Data Center: Record revenue of $5.4 billion in Q4 (up 39% y/y), fueled by strong demand for EPYC™ processors and the scaling of Instinct™ GPU shipments.
🟢 Client & Gaming: Combined revenue hit $3.9 billion for the quarter, with Ryzen™ processors driving record client revenue of $3.1 billion.
🟢 Embedded: Quarterly revenue grew 3% year-over-year to $950 million as demand began to strengthen across end markets.
🔮 Looking Ahead
🟢 AMD is entering 2026 with strong momentum. For Q1 2026, the company expects revenue of approximately $9.8 billion, representing roughly 32% year-over-year growth.
AMD said Tuesday that a “sharp” jump in sales for the company’s CPUs across the PC and server segments as well as its Instinct data center GPUs allowed it to deliver record revenue of $9.2 billion for the third quarter as it teased deeper ties with OpenAI. https://t.co/0FFKOjN1BA
"Our Q3 results reflect improved execution and steady progress against our strategic priorities,” said @LipBuTan1, Intel CEO. Read more in @Intel’s earnings news release: https://t.co/VSd0P4phyU
@Intel and @NVIDIA are teaming up to jointly develop multiple gens of custom data center and PC products, seamlessly connecting NVIDIA and Intel architectures to enable new breakthroughs for the industry.
Learn more: https://t.co/DclgyfJHnn
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$NVDA 2025 Q4 Financials 🧵
Q4:
💵 Revenue $39.3b up 78% YoY
📈 Gross Margin 73% down 3pp YoY
💰 Net Income $22.1b up 80% YoY
🪙 EPS $0.89 up 82% YoY
FY
💵 Revenue, $130.5b up 114% YoY
📈 Gross Margin 75% up 2.3pp YoY
💰 Net Income $72.9 up 145% YoY
🪙 EPS $2.94 up 147% YoY
$AMD 2024 Q4 and FY Results, a 🧵
➡️ Revenue $7.658 billion up 24% YoY
Non-GAAP
➡️ Gross Margin 54.0%, up 3pts YoY
➡️ Operating Income $2.0b, up 43% YoY
➡️ Net Income $1.77b, up 42% YoY
➡️ EPS $1.09, up 42% YoY
GAAP
➡️ Gross Margin 51.0% yp 4pts YoY
➡️ Operating Income $871m, up 155% YoY
➡️ Net Income $482m, down 28% YoY
➡️ EPS $0.29, down 29% YoY
Record Revenue‼️
Record Gross Margin‼️
Lots of R&D going on
Q1 Outlook
➡️ Revenue $7.1 billion
➡️ Gross Margin 54%
(typical Q1 seasonality)
Multiple areas of record revenue for @AMD. Less AI, more boring general-purpose cloud CPU, strong Q4 client which was predictable. Don't expect much on AI GPUs yes.
Obviously, the guide down is impacting stock AH.
With focus on streamlining the product portfolio and progress on the process roadmap, Intel took a positive step forward in Q4'24, delivering revenue, gross margin and EPS above its guidance.
Learn more: https://t.co/EjnFjnr1xr
Intel on the Brink of Death
Board Short Circuits, Cultural Rot, Product Focus Is Flawed
x86 Has No Moat
Foundry Must Survive
Nvidia's PC CPU Push - 3 chip tegra strategy
Sierra Forest, Granite Rapid, Clearwater Forest, Diamond Rapids, Rogue River Forest
https://t.co/1DopHfoiNn
https://t.co/AWIsyRCGdZ
Wrote something about Intel - i really cannot believe how incompetent the board is. The Intel we knew is like actually dead w/ the firing of Pat. Let's hope the parts can survive
Got some new announcements including new launche + company updates below
We hit 17 folks globally /w 2 office locations, most of our revenue comes from industry models and consulting
With that comes our new site, leaving Substack, and new site features
1/5
https://t.co/vHUX72BzSW
$AMD hits a record quarter for 2024 Q3. Their best ever. 🧵
💵 Revenue $6.819b, up 18% YoY
📈 Gross Margin 54%/50%, up 3pp YoY
💰 Op Income $724m, up from 224m
🪙 EPS $0.47, up 161%
Outlook:
💵 Revenue $7.5b, +- $300m
📈 GM 54%