© REUTERS AMD (AMD) Sees Long-Term Revenue Growth of About 20% CAGR, Gross Margin Above 57%
By Investing.com Staff
At today’s Investor Day event, Advanced Micro Devices Inc (NASDAQ:) provided its long-term financial model which the company called “strong and compelling.”
The company sees revenue growth of about 20% CAGR, including the recent Xilinx merger.
Gross margin is seen above 57% on a richer product mix.
Operating expenses are seen at about 23-24% as it invests in growth.
Operating margin is seen at about the mid-30% as the company expands margins and profitability.
FCF margin is seen at above 25%, demonstrating its significant cash flow generation.
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