Gross Profit Analysis: Comparing Advanced Micro Devices, Inc. and Corning Incorporated

AMD's explosive growth vs. Corning's steady profits.

__timestampAdvanced Micro Devices, Inc.Corning Incorporated
Wednesday, January 1, 201418390000004052000000
Thursday, January 1, 201510800000003653000000
Friday, January 1, 201610030000003746000000
Sunday, January 1, 201717870000004032000000
Monday, January 1, 201824470000004461000000
Tuesday, January 1, 201928680000004035000000
Wednesday, January 1, 202043470000003531000000
Friday, January 1, 202179290000005063000000
Saturday, January 1, 2022120510000004506000000
Sunday, January 1, 2023104600000003931000000
Monday, January 1, 2024127250000004276000000
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Cracking the code

Gross Profit Trends: AMD vs. Corning

In the ever-evolving landscape of technology and manufacturing, Advanced Micro Devices, Inc. (AMD) and Corning Incorporated have carved distinct paths. Over the past decade, AMD has demonstrated a remarkable growth trajectory in gross profit, surging from approximately $1.8 billion in 2014 to an impressive $12 billion in 2022. This represents a staggering increase of over 560%, underscoring AMD's strategic advancements in the semiconductor industry.

Conversely, Corning Incorporated, a leader in materials science, has maintained a steady gross profit, averaging around $4 billion annually. Despite fluctuations, Corning's consistency highlights its resilience in the face of market challenges.

The data from 2023 shows AMD's gross profit slightly declining to $10.5 billion, while Corning's figures remain stable. Notably, 2024 data for AMD is missing, leaving room for speculation on future trends. This analysis offers a compelling glimpse into the financial dynamics of two industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025