AMD Outsells Intel In the Datacenter For the First Time (tomshardware.com) 6
During the fourth quarter of 2024, AMD surpassed Intel in datacenter sales for the first time in history -- despite weaker-than-expected sales of its datacenter GPUs. Tom's Hardware reports: AMD's revenue in Q4 2024 totaled $7.658 billion, up 24% year-over-year. The company's gross margin hit 51%, whereas net income was $482 million. On the year basis, 2024 was AMD's best year ever as the company's revenue reached $25.8 billion, up 14% year-over-year. The company earned net income of $1.641 billion as its gross margin hit 49%. But while the company's annual results are impressive, there is something about Q4 results that AMD should be proud of.
Datacenter business was the company's primary source of earnings, with net revenue reaching record $3.86 billion in Q4, marking a 69% year-over-year (YoY) increase and a 9% quarter-over-quarter (QoQ) rise. Operating income also saw substantial improvement, surging 74% YoY to $1.16 billion. By contrast, Intel's datacenter and AI business unit posted $3.4 billion revenue, while its operating income reached $200 million. But while the quarter marked a milestone for AMD, market analysts expected AMD to sell more of its Instinct MI300-series GPUs for AI and HPC. You can view AMD's 2024 financial results here.
Datacenter business was the company's primary source of earnings, with net revenue reaching record $3.86 billion in Q4, marking a 69% year-over-year (YoY) increase and a 9% quarter-over-quarter (QoQ) rise. Operating income also saw substantial improvement, surging 74% YoY to $1.16 billion. By contrast, Intel's datacenter and AI business unit posted $3.4 billion revenue, while its operating income reached $200 million. But while the quarter marked a milestone for AMD, market analysts expected AMD to sell more of its Instinct MI300-series GPUs for AI and HPC. You can view AMD's 2024 financial results here.
Rather remarkable... (Score:5, Insightful)
AMD has pretty unambiguously had the better datacenter offering for the last 7 years or so. This is the first time since then that Intel is arguably on equal or better footing than AMD for Granite Rapids v. Turin and that's when AMD finally gets their deserved lead.
It's a shame about MI300, they put in a good showing there technically, but if it doesn't have nVidia branding then it's just left out of the party.
Re:Rather remarkable... (Score:4)
Mod parent up. AMD's server chips have been clearly superior in several ways for years.
I'm curious how many shops are swapping hardware out along with their migrations off vmware.
Re: (Score:2)
In the large cloud providers where the volume is, it's not yet GR vs Turin, it's at best Emerald Rapids vs Genoa. I benchmark the various VM types every year to keep us on the best performance/price (and publish them too to help others, e.g. here are the 2003 [dev.to] and the 2004 results [dev.to]) and AMD has been quite ahead on the curve for a while now as you say. That is until the last round when some Emerald Rapids solutions could best Genoa in various benchmarks and for the first time ever they do not carry a price pre
Somebody Is Getting Fired For Buying Intel (Score:1)
For an Intel/Nvidia fan for several decades, I finally built my first all AMD rig last year and I don't regret it one bit.
Definitely enjoying the new Intel/Nvidia shit show though.
3 to 1 for the last several years... (Score:2)
When you add up all the air-conditioning and power costs vs. cores per socket/per-rack unit... It's been $12/Intel cores per month vs. $4/AMD cores per month for several years now.
The cooling requirements are everything. The only place Intel has a lead is the HBM procs, which are kind of niche until AI creeps in. I'm going to guess AMD will fix that in a month or three....
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