AMD has posted its fourth consecutive quarter of growth for Q1 2025, with the company’s revenue totaling $7.4 billion for the three-month period, up 36 percent year-on-year (YoY).

Commenting on the results, CEO Dr. Lisa Su said the company had “delivered an outstanding start to 2025,” with the growth primarily driven by “expanding data center and AI momentum.”

Data center segment revenue for the quarter was $3.7bn, up 57 percent YoY, primarily driven by growth in sales for AMD’s Epyc CPUs and Instinct GPUs. Last month, AMD unveiled its 6th generation Epyc processor, codenamed Venice, and announced the bring up and validation of its Turin 5th generation Epyc CPUs.

Turin has been validated at TSMC’s new chip fab in Arizona, while Venice will be the first HPC CPU to be taped out on TSMC’s 2nm (N2) process technology.

Meanwhile, the company’s embedded segment, which includes FPGAs and adaptive-SoCs, posted revenue of $823m for the quarter, down three percent YoY.

However, Su noted that AMD’s growth was achieved despite the “dynamic macro and regulatory environment,” with the company forecasting it would take a $1.5bn hit to its revenue in FY2025 as a result of export controls implemented by the Trump administration.

Furthermore, AMD downgraded its Q2 2025 revenue by $700m, predicting flat revenue of ~$7.4bn for the upcoming quarter. The company also noted in its earnings statement that it expects "approximately $800 million in charges for inventory and related reserves due to the new export controls" in Q2.

Su said that while “there are some uncertainties as it relates to tariffs and other things,” the company expects to continue seeing investment in infrastructure.

"While we face some headwinds from the dynamic macro and regulatory environment, including the recently announced export controls for Instinct MI308 shipments to China, we believe they are more than offset by the powerful tailwinds from our leadership product portfolio," Su said on the company’s earnings call.