Record quarter: AMD scratches the 3 billion mark with Ryzen, Epyc and consoles

Source: Heise.de added 27th Oct 2020

AMD announced third quarter results 2020. With sales of $ 2.8 billion and net income of 390 million US dollars (330 million euros) AMD achieved record results. A year ago sales and profits were $ 1.8 billion and 67 million US dollars respectively – an increase of 56 and 225 Percent within one year.

The Computing and Graphics business area, all about Ryzen processors and Radeon graphics cards, has in the third quarter 2020 about 1, 67 Billions earned, well 30 percent more than in the same period last year. In the announcement, AMD speaks of “significantly higher” Ryzen sales and slightly lower GPU sales.

The Enterprise, Embedded and Semi-Custom division, including Epyc -CPUs and chips for game consoles, has sales of 1, 13 billion US dollars more than doubled: AMD sold more Epyc processors, and the semi-custom business picked up speed with Microsoft’s Xbox Series X and Sony’s Playstation 5. The combination processors of both consoles come from AMD.

AMD’s sales development since 2018 – in the third quarter 2020 revenues shot up.

(Image: AMD)

More money for development AMD’s expenses for development and research continues to grow: 508 million US dollars represent an increase of 25 percent compared to Q3 / 2019 or 10 percent compared to Q2 / 2020. The gross margin is currently stagnating at 30 percent.

In the fourth quarter 2019 AMD expects another record quarter – possibly for the first time with more than $ 3 billion in sales. Ryzen – 5000 – and new Epyc processors as well as Ko

Read the full article at Heise.de

brands: AMD  Microsoft  PlayStation  Sony  
media: Heise.de  
keywords: Playstation  Playstation 5  Radeon  Ryzen  Series X  Xbox  Xbox Series X  

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