AMD’s Quarterly Revenue Nearly Doubles on Strong EPYC, Ryzen, and Radeon Sales

AMD reported quarterly revenue of $3.45 billion. That is an increase of 93 percent compared to the same quarter a year ago. Turnover was also higher than the previous quarter, which means that it is again a record amount.

According to AMD, the high quarterly turnover is due to good sales of Ryzen and EPYC processors, GPUs and console chips. The Computing and Graphics segment had sales of $2.1 billion. That is 46 percent higher than a year ago and 7 percent higher than the previous quarter. All Ryzen processors and Radeon GPUs, both for the consumer and the business market, fall under this segment.

AMD isn’t releasing specific figures on laptop or desktop processors, but CEO Lisa Su says when discussing the quarterly figures that revenue growth in the laptop market with the Ryzen 5000 series is twice as fast as last year with the Ryzen 4000 series. . AMD presented the new laptop processors at the beginning of this year and then said that 150 laptop models with AMD processors will appear this year. According to AMD, manufacturers are on track to achieve that.

Video card production goes up

According to AMD, sales from Radeon RX 6000 video cards doubled compared to the previous quarter and this is expected to increase significantly in the coming quarters as the production of the video cards increases. AMD does not provide concrete details about shortages, but the Radeon RX 6000 GPUs, like almost all video cards, are currently very poorly available.

The Enterprise Embedded and Semi-Custom segment had sales of $1.35 billion. That is an increase of 286 percent compared to a year earlier. The huge increase compared to last year is mainly due to deliveries of console chips for the PlayStation 5 and Xbox Series X and S; those chips were not yet delivered in the first quarter of 2020. AMD’s EPYC server processors also fall under this segment and they also sell well, AMD says. The segment’s quarterly sales were also 6 percent higher than last quarter. According to the manufacturer, this is due to good sales of EPYC CPUs.

Below the line, AMD made a net profit of $555 million. Last year that was still $162 million in the same quarter. AMD’s quarterly results were better than analysts had expected. It is striking that AMD achieved a higher quarterly turnover in the first quarter of 2021 than in the last quarter of 2020. Usually, the first quarter is a period in which turnover is lower. AMD has also revised its expectations for the full year. The processor maker now expects sales to be a total of 50 percent higher. Last quarter it was still set at 37 percent.

AMD is still a lot smaller than Intel, but the quarterly figures Intel presented last week were much less rosy in terms of growth. Intel had quarterly revenue of $19.8 billion, 1 percent less than a year earlier. In the data center segment, Intel’s revenue fell 20 percent; while at AMD, server processor revenue continues to grow.