Advanced Micro Devices, Inc. Q3 2024 Results Conference Call
October 29, 2024 5:00 PM ET
Company Participants:
Mitch Haws – Vice President of Investor Relations
Dr. Lisa Su – Chair and Chief Executive Officer
Jean Hu – Executive Vice President, Chief Financial Officer and Treasurer
Conference Call Participants:
Toshiya Hari – Goldman Sachs
Aaron Rakers – Wells Fargo
Ross Seymore – Deutsche Bank
Ben Reitzes – Melius Research
Joshua Buchalter – TD Cowen & Company
Timothy Arcuri – UBS
Joe Moore – Morgan Stanley
Vivek Arya – Bank of America Securities
Harlan Sur – JPMorgan
Stacy Rasgon – Bernstein Research
Harsh Kumar – Piper Sandler
Thomas O’Malley – Barclays
Operator:
Greetings, and welcome to the AMD Third Quarter 2024 Conference Call. At this time, all participants are in a listen-only mode.
Advanced Micro Devices, Inc. (NASDAQ:AMD) announced their Q3 2024 results during the conference call on October 29, 2024. The company’s Vice President of Investor Relations, Mitch Haws, and Chair and CEO, Dr. Lisa Su, provided key insights into the financial performance of AMD. Executive Vice President and CFO, Jean Hu, also shared updates on the company’s financial health.
During the call, various analysts from top financial institutions participated, including Toshiya Hari from Goldman Sachs, Aaron Rakers from Wells Fargo, and Ross Seymore from Deutsche Bank, among others. The discussion covered a range of topics including revenue growth, market trends, and future strategies for growth.
Overall, the conference call shed light on AMD’s strong performance in Q3 2024 and outlined the company’s plans for continued success in the ever-evolving semiconductor industry.
How will this affect me?
As a consumer, the positive financial results of AMD suggest that the company is likely to continue producing innovative products and technologies. This could lead to better performance and features in AMD-powered devices, providing consumers with more value for their money.
How will this affect the world?
The success of AMD is likely to have a ripple effect on the tech industry as a whole. As a key player in the semiconductor market, AMD’s innovative products and competitive strategies could drive advancements in technology and fuel further competition among industry giants. This could lead to more choices for consumers and accelerate the pace of technological innovation globally.
Conclusion
The AMD Q3 2024 conference call provided valuable insights into the company’s financial performance and future outlook. With strong leadership and a commitment to innovation, AMD is well-positioned to continue driving growth and making an impact in the semiconductor industry.
