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AMD hits new financial records: profits soar threefold in one year
27.10.2021 [14:46],
Sergey Karasev

AMD reported today that it is operating in the third quarter of fiscal 2021, which closed on September 26. One of the world’s largest processor and graphics accelerator developers recorded significant growth in all key metrics.

Reuters

AMD’s revenue reaches a record for the third quarter – $ 2.80 billion. This is 56% more than last year’s result, when the company’s revenue was $ 1.80 billion.

In the segment of client processors and graphics solutions, revenue is up 31% compared to the third quarter of 2021, reaching $ 1.67 billion. This was largely due to the good demand for Ryzen chips.

In the corporate, embedded and semi-custom product sector, revenue jumped 116% year-on-year to $ 1.13 billion. This is due to preparations for the imminent start of sales of new generation game consoles. AMD points out that the demand for EPYC processors in the corporate sector also continues to increase.

Reuters

AMD GAAP Net Income Soars More Than Threefold YoY – 225%. If a year ago the company earned $ 120 million, now – $ 390 million. Profit per security increased from 11 to 32 cents.

The presentation on quarterly results says that the graphics solutions of the Radeon RX 6000 series with RDNA 2 architecture will be released by the end of the year, which will belong to the high-end category. Recall that the presentation of new GPUs and video cards based on them will take place tomorrow, October 28.

In addition, it was said that the supply of Milan next-generation server processors for cloud providers and selected high-performance system operators will begin this quarter.

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