First time ever, AMD outsells Intel in the datacenter space
AMD has surpassed Intel in datacenter CPU sales for the first time, with revenues of $3.549 billion compared to Intel's $3.3 billion in Q3 2024, amid competitive pressures.
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For the first time, AMD has surpassed Intel in datacenter CPU sales, with AMD's revenue reaching $3.549 billion in Q3 2024 compared to Intel's $3.3 billion from its datacenter and AI group. Historically, Intel has dominated this market with its Xeon processors, but AMD's EPYC processors have gained traction, particularly in high-end server applications. Intel's revenue has declined significantly from $5 billion to $6 billion per quarter just two years ago, partly due to competitive pricing pressures that have forced Intel to discount its server chips. Despite this shift, Intel still powers the majority of servers, while AMD's processors are increasingly used in the most expensive machines. However, both companies lag behind Nvidia, which generated $22.604 billion in compute GPU sales and $3.668 billion from networking products in the same period, highlighting the growing importance of AI and GPU technology in datacenters. Intel's future revenue may improve if it can ramp up production of its new Granite Rapids processors and meet demand for its Xeon 6900-series chips.
- AMD has outsold Intel in datacenter CPU sales for the first time.
- AMD's datacenter revenue reached $3.549 billion, while Intel's was $3.3 billion in Q3 2024.
- Intel's revenue has significantly declined from previous years due to competitive pressures.
- Nvidia remains the leader in datacenter sales, far surpassing both AMD and Intel.
- Intel still powers the majority of servers, but AMD is gaining ground in high-end applications.
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AMD sold $1B of Instinct GPUs in 2Q, driving 3-digit datacenter growth
AMD's Q2 2024 revenues exceeded $1 billion from Instinct MI300X GPUs, driving a 115% increase in datacenter revenues. The company anticipates continued growth despite challenges in gaming and supply chain issues.
The Resurrection of Intel Will Take More Than Three Days
Intel's Q2 2024 revenues declined, with a larger operating loss. The company plans $10 billion in cost cuts, layoffs, and restructuring to focus on chip design amid rising competition from AMD.
AMD records its highest server market share in decades
AMD's server CPU market share reached 24.1%, while its laptop share rose to 20.3%. Intel leads the client PC market with 78.9%, posing challenges for AMD's pricing strategy.
AMD Q3'2024 Financials
AMD's Q3 2024 revenue hit $6.819 billion, an 18% YoY increase, with AI and data center sales exceeding 50%. However, gaming revenue fell 69%, and stock dropped over 7%.
AMD Will Need Another Decade to Try to Pass Nvidia
AMD's revenues rose 17.6% to $6.82 billion, with GPU sales projected over $5 billion in 2024. However, it may take another decade to catch up to Nvidia in market share.
- Many commenters reminisce about the historical significance of AMD and Intel CPUs, highlighting their evolution and impact on technology.
- There is a consensus that Intel has struggled in recent years, missing opportunities in mobile and AI markets, leading to increased competition from AMD.
- Commenters note the technical advantages of AMD CPUs, such as higher PCI lane counts and better value for performance.
- Some express concerns about AMD's stock performance despite its market success, indicating a disconnect between company performance and stock value.
- There are speculations about potential competition from Nvidia in the server CPU market, which could affect both Intel and AMD.
15 commentsWhen the Intel 80386-33 came out we thought it was the pinnacle of CPUs, running our Novell servers! We now had a justification to switch from arcnet to token ring. Our servers could push things way faster!
Then, in the middle 1991, the AMD 80386-40 CPU came out. Mind completely blown! We ordered some (I think) Twinhead motherboards. They were so fast we could only use Hercules mono cards in them; all other video cards were fried. 16Mb token ring was out, so some of my clients moved to it with the fantastic CPU.
I have seen some closet-servers running Novell NetWare 3.14 (?) with that AMD CPU in the late '90s. There was a QUIC tape & tape drive in the machine that was never changed for maybe a decade? The machine never went down (or properly backed up).
If I were AMD CEO I would make the top priority to have a software stack on par with CUDA so that AMD GPUs have a chance in the data centers.
Everyone I think knew AMD is catching up but thought this was still a year or two out
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AMD sold $1B of Instinct GPUs in 2Q, driving 3-digit datacenter growth
AMD's Q2 2024 revenues exceeded $1 billion from Instinct MI300X GPUs, driving a 115% increase in datacenter revenues. The company anticipates continued growth despite challenges in gaming and supply chain issues.
The Resurrection of Intel Will Take More Than Three Days
Intel's Q2 2024 revenues declined, with a larger operating loss. The company plans $10 billion in cost cuts, layoffs, and restructuring to focus on chip design amid rising competition from AMD.
AMD records its highest server market share in decades
AMD's server CPU market share reached 24.1%, while its laptop share rose to 20.3%. Intel leads the client PC market with 78.9%, posing challenges for AMD's pricing strategy.
AMD Q3'2024 Financials
AMD's Q3 2024 revenue hit $6.819 billion, an 18% YoY increase, with AI and data center sales exceeding 50%. However, gaming revenue fell 69%, and stock dropped over 7%.
AMD Will Need Another Decade to Try to Pass Nvidia
AMD's revenues rose 17.6% to $6.82 billion, with GPU sales projected over $5 billion in 2024. However, it may take another decade to catch up to Nvidia in market share.