AMD again achieves record turnover, partly due to good sales of EPYC and console chips

AMD has again achieved record sales in the past quarter. With a turnover of 4.8 billion dollars, it breaks its record of a quarter earlier. According to AMD, the revenue growth is partly due to good sales of EPYC CPUs and console chips.

AMD’s Enterprise, Embedded and Semi-Custom division had revenue of $2.2 billion in the quarter. That is 75 percent more than in the same quarter in 2020 and is higher than expected. The annual sales of this segment have also more than doubled compared to 2020. AMD attributes this growth to higher sales of EPYC server processors and semi-custom socs. AMD supplies such semi-custom chips to Sony and Microsoft, for example, for the PlayStation 5 and Xbox Series X and S. There is great demand for those consoles. The company therefore expects this growth to continue in the coming year. The deployment of EPYC CPUs among cloud and enterprise customers also grew, the company reports.

AMD’s Computing and Graphics division also performed well in the last quarter of 2021, with revenues of $2.6 billion. That is 32 percent more turnover than a year earlier. According to AMD, that growth can be explained by an increase in Ryzen and Radeon sales, although the company does not go into further detail. Data center GPU revenue doubled in the past quarter compared to a year earlier. That’s due to the introduction of AMD’s Instinct MI200 accelerators, the company reports.

AMD’s annual turnover amounted to 16.4 billion dollars in 2021. Converted that is approximately 14.5 billion euros. That is also a new record for the company. Last year it had a turnover of 9.8 billion dollars. Last year net profit was $3.2 billion, more than the $2.5 billion profit the company made in 2020. In 2020, AMD also had a one-time tax benefit of $1.3 billion.

During a conference call with shareholders, AMD emphasized that in the coming year it will introduce its Zen 4 consumer and enterprise platforms, among others, in addition to its first RDNA 3 GPUs. The manufacturer also emphasizes that the Xilinx acquisition is expected to close this quarter. AMD recently received approval from the Chinese market regulator. The final obstacle is an HSR filing with the US FTC. That seems like a formality. The FTC previously approved such a filing, but it has since expired because the market authority in China took longer than expected to conduct its investigation.