AMD: 2022 will be a record year for sales of semi-custom chips for consoles
AMD CEO Lisa Su has expressed the expectation that 2022 will be a record year specifically for the Semi-Custom part that supplies chips for the consoles of Sony and Microsoft during an oral explanation in the context of the presentation of the quarterly figures.
Su called not the growth rate for the Semi-Custom business specifically, but according to her this is a significant growth compared to the first quarter a year ago. This growth is due to sales of semi-custom chips for Sony and Microsoft consoles, but she also specifically mentions Valve’s Steam Deck. According to the CEO, the sales of this current console generation are “higher than all previous expectations”.
The Semi-Custom division falls under the Enterprise, Embedded and Semi-Custom division. That division recorded sales of $2.5 billion, an increase of 88 percent compared to the first quarter of 2021. The growth in this division is also due to the good sales of EPYC server processors; according to AMD, in the last eight of the ten quarters, the turnover in the Server business has doubled. The Embedded part also did well; the undisclosed turnover of this part doubled compared to a year ago, mainly due to growth in the automotive sector.
Out the quarterly figures Turns out AMD has also had a good three months in the Computing and Graphics segment. Revenue came in at $2.8 billion, an increase of 33 percent year-on-year. This growth is mainly due to the sale of Ryzen CPUs and Radeon GPUs, but AMD does not give exact figures.
The results of the first quarter of this year were partly impacted by the acquisition of Xilinx. That acquisition was completed on February 14. Total revenue amounted to $5.9 billion, an increase of 77 percent compared to the first three months of 2021. If you ignore Xilinx, AMD posted revenue of $5.3 billion in the past quarter. Profit came in at $786 million, an increase of 42 percent. The turnover of the last first quarter of this year was also 22 percent higher than the quarterly turnover of the last three months of 2021. This is striking, because the turnover in a first quarter is usually relatively somewhat lower.