AMD posted record sales of $ 2.8 billion in the quarter. According to the manufacturer, this is due to good sales of Ryzen and Epyc processors. AMD is also doing well with its semi-custom socs for consoles.
The Computing and Graphics segment, which includes Ryzen processors and Radeon video cards, generated quarterly sales of $ 1.67 billion. That is 31 percent more than in the same period last year. According to AMD, this is due to a significant increase in the number of Ryzen processors sold. Compared to last year, there was less revenue from Radeon video cards.
The Enterprise, Embedded and Semi-Custom division, which includes Epyc processors and socs for consoles, posted quarterly sales of $ 1.13 billion. That is 116 percent more than a year ago. AMD says the big sales increase is due to good sales of Epyc processors for servers as well as the chips coming into the PlayStation 5 and Xbox Series X and S.
In a conference call explaining the quarterly results, AMD CEO Lisa Su said the first Milan server processors with Zen 3 cores will be shipped to customers this quarter. From the first quarter of 2021, those new Epyc processors should be more widely available. According to AMD, the CPUs are in high demand.
Total quarterly sales of $ 2.8 billion are 56 percent higher than in the comparable quarter a year earlier. AMD also expects to be able to record good figures in the next quarter, partly due to an expected high demand for chips for consoles.
AMD made $ 449 million in operating profit in the quarter. A year ago that was less than half in the same quarter, namely 186 million dollars. At the presentation of the quarterly figures, AMD also announced on Tuesday that it will acquire Xilinx. AMD pays $ 35 billion for the FPGA manufacturer. The acquisition will be paid for in shares and is expected to be completed by the end of 2021.