rewrite this title and make it good for SEOAdvanced Micro Devices, Inc. (AMD) Barclays 22nd Annual Global Technology Conference (Transcript)

Advanced Micro Devices, Inc. (NASDAQ:AMD) Barclays 22nd Annual Global Technology Conference December 12, 2024 2:00 PM ET

Company Participants

Jean Hu – CFO and Treasurer

Conference Call Participants

Tom O’Malley – Barclays

Tom O’Malley

All right. Welcome back to the Barclays Tech Conference. I’m Tom O’Malley, Semiconductor and Semi Cap Equipment Analyst here at Barclays. Pleased to have Jean Hu, CFO and Treasurer of AMD. Thank you for being here. And thank you for being a staple here for the last couple of years as well, we really appreciate it.

Jean Hu

Yes, thank you for having us.

Tom O’Malley

So speaking of last year, we sat here a year ago and chatted on market share, and how you have come from a place both on the PC side and the server side where it was really a second source story coming from the bottom, kind of to moving to parity and in some instances to leadership. So can you talk about that journey? And really from here where are the aspirations focused on across those businesses?

Jean Hu

Yes, I appreciate the question. We are very pleased with our performance in both the server side and also on the PC side. As you know, in the server CPU market, starting from like very low single digit market share a few years ago to now last Q3 we reported earnings that we got to 34% market share. So it has been tremendous. I think when you look at that success, first thing is AMD is always focused on innovative product generation-by-generation. So when you look at the server side from first generation Naples until each generation now at the Genoa and the Bergamo fourth generation family we got a tremendous TCO performance, not only performance per watt but the performance per dollar. And now we launched the Zen 5, which is the Turin