Thomas O'Malley's questions to Advanced Micro Devices Inc (AMD) leadership • Q1 2025
Question
Thomas O'Malley questioned AMD's position on system-level AI architectures, asking if the company has all the necessary components, especially for interconnects. He also requested an outlook for the Client business for the full year, separating market growth from expected share gains.
Answer
CEO Lisa Su affirmed that AMD has all the required pieces for system-level solutions, including deep ecosystem partnerships. She emphasized that customers want reference architectures that work but also the flexibility to interchange components like networking, and AMD is focused on ensuring interoperability. On the Client business, Su highlighted that performance is driven by revenue share gains in high-end notebook, commercial, and desktop segments. She noted that while they are monitoring the macro environment, they believe their inventory position is healthy and not inflated by pull-ins.