AMD’s revenue rises slightly due to particularly good Ryzen and Epyc processor sales
AMD’s third-quarter revenue rose to $1.65 billion, up four percent from the same quarter a year earlier. This increase is mainly attributable to the proceeds from the sale of Ryzen CPUs and Epyc server processors.
The quarterly figures show that the Computing and Graphics division, which houses the Ryzen CPUs and Radeon GPUs, had a turnover of $938 million. That is an increase of 12 percent compared to the same quarter a year ago. AMD’s Ryzen processors yielded more, although those good numbers were partly offset by declining GPU revenues.
AMD points to the almost negligible cryptocoin mining related GPU sales in the third quarter. The greatly reduced interest in this resulted in less revenue from GPU sales. This can be seen when the figures are compared with those of the previous, second quarter of this year: the turnover of 938 million dollars is then a decrease of 14 percent.
The Enterprise, Embedded and Semi-Custom segment, which includes the Epyc server processors and custom socs that AMD makes for consoles, for example, had quarterly revenue of $715 million. That is an increase of seven percent compared to the same quarter a year earlier. The Computing and Graphics division still accounts for the lion’s share of total sales, but the Enterprise, Embedded and Semi-Custom segment is growing and catching up in share of total sales.
Lisa Su, the AMD CEO, says that the first 7nm GPUs are expected before the end of this year. The second generation of the 7nm Epyc 2 processor will follow sometime in 2019. In the second quarter of this year, AMD received its first 7nm chip for the Epyc 2 processor. Su hasn’t said anything about when the next generation of Ryzen consumer processors will come.
AMD’s total quarterly revenue was $1.65 billion and earnings came in at $150 million. The latter figure is $50 million higher than the same quarter in 2017. AMD expects revenue of $1.45 billion for the coming fourth quarter, an increase of 8 percent compared to the last quarter of 2017. .