Advanced Micro Devices Inc. (AMD) reported its fourth-quarter earnings, achieving adjusted earnings per share of $1.09, in line with analyst estimates, and revenue of $7.66 billion, surpassing expectations of $7.53 billion. Despite the overall positive results, AMD's stock experienced a significant decline of 8% after the company disclosed that its data center revenue for the quarter was $3.86 billion, falling short of the anticipated $4.14 billion. The data center segment, crucial for AMD's growth, saw a year-over-year increase of 69%, driven by demand for its Instinct GPUs and EPYC central processing units. However, the company did not provide a forecast for AI-related revenue for the upcoming year, which may have contributed to investor concerns about the growth trajectory of this segment. AMD's CEO Lisa Su highlighted the company's strong performance in 2024, with record annual revenue of $25.8 billion, attributed to a 94% growth in the data center segment and a 52% increase in the client segment. In contrast, the gaming and embedded segments saw declines, with gaming revenue down 59% to $563 million and embedded revenue down 13% to $923 million. Su expressed optimism about future growth opportunities in high-performance and adaptive computing.