Advanced Micro Devices posts strong revenue growth, beating analyst expectations, though challenges remain in specific market segments.

The Santa Clara, Calif., chip maker posted a profit of $482 million compared with $667 million, a year earlier. For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion.

Q4 2024 financial results demonstrated record revenue growth for the quarter and showed the chipmaker increasing its market share, likely at the expense of rival Intel (NASDAQ:INTC). Still, shares ...