Do Son 
AMD has released its financial results for the first quarter of fiscal year 2025, reporting revenue of $7.4 billion, a gross margin of 50%, operating income of $806 million, and net income reaching $709 million.
Dr. Lisa Su, Chair and CEO of AMD, stated that the company has begun 2025 with strong momentum, marking the fourth consecutive quarter of accelerating year-over-year revenue growth. This performance, she emphasized, is driven by robust execution across AMD’s core businesses and the expanding demand within data centers and artificial intelligence sectors.
Despite ongoing macroeconomic and regulatory challenges, Dr. Su noted that AMD’s impressive Q1 results and optimistic outlook for Q2 highlight the strength of its differentiated product portfolio and disciplined execution, laying a solid foundation for exceptional growth throughout the year.
Jean Hu, Executive Vice President, CFO, and Treasurer of AMD, remarked that first-quarter revenue rose 36% year-over-year, with profit margins significantly improved as operations scaled. She reaffirmed the company’s commitment to continued investment in research, development, and market expansion to drive sustained long-term growth and deliver greater value to shareholders.
Breaking down the report, the Data Center segment generated $3.7 billion in revenue—a 57% increase year-over-year—propelled by rising sales of AMD’s EPYC server processors and Instinct accelerators. The Client and Gaming segments collectively posted $2.9 billion in revenue, up 28% from the same period last year. The Client segment alone accounted for $2.3 billion, reflecting a 68% year-over-year surge, largely fueled by strong market demand for the new Zen 5-based Ryzen processors and a more diverse product lineup.
Conversely, revenue from the Gaming segment declined to $647 million, a 30% drop year-over-year. AMD attributed the downturn primarily to decreased revenue from its semi-custom business—indicating that partners such as Sony and Microsoft currently have no imminent plans to release next-generation gaming consoles based on AMD’s semi-custom chips.
The Embedded segment recorded $823 million in revenue, marking a 3% decline compared to the prior year, due to ongoing volatility in end-market demand.
Looking ahead, AMD forecasts second-quarter fiscal 2025 revenue of approximately $7.4 billion, with a possible variance of plus or minus $300 million. The company also acknowledged the potential impact of new export control regulations disclosed earlier in its 8-K filing, noting that it may incur up to $800 million in inventory-related and associated reserve costs in response.
