Advanced Micro Devices
AMDQ4 2024(AMD Q3 FY2024)Derived24% AI
AI Revenue %
24%
AI Fair Value
$51.6B
AI Revenue (Q)
$4.0B
Total Revenue (Q)
$16.5B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2024 (quarter ending September 28, 2024). Data Center revenue was $3,549M out of total $6,819M, more than doubling from $1,598M in Q3 FY2023. This quarter also included Silo AI acquisition (completed Aug 2024), assigned to Data Center segment. Revenue growth was 'primarily driven by higher sales of AMD Instinct GPUs and AMD EPYC CPUs' per the filing trajectory. Sequential DC revenue growth of $715M (from $2,834M to $3,549M) was heavily GPU-driven. Estimated EPYC CPU + DPU/FPGA revenue of ~$1,700-1,800M; remainder ~$1,750-1,850M from Instinct GPUs. Conservative estimate: ~$1,637M AI GPU revenue = $1,637M / $6,819M = ~24.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Data Center $ 3,549
10-Q Segment Note, Q ended September 28, 2024
Total net revenue $ 6,819
10-Q Segment Note, Q ended September 28, 2024
Acquisition of Silo AI On August 9, 2024, the Company completed the acquisition of Silo AI Oy (Silo AI), an AI lab based in Finland in an all-cash transaction of $665 million.
10-Q Note 5, Q ended September 28, 2024
AI Products Identified (Ring 1)
AMD Instinct MI300XAMD Instinct MI300ASilo AI
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
EPYC server CPUsXilinx FPGAsPensando DPUsSmartNICs
Confidence Tier
DerivedCalculated from reported segments primarily serving AI