AMD makes almost $1 billion from gaming
Quarterly figures: AMD continues to soar
AMD is rising, Intel is stumbling: AMD reports a new record turnover and reveals for the first time how much money you make with gaming.
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AMD once again broke its own quarterly record with $6.6 billion in revenue. The company was able to do this for the eighth time in a row report a new high. Overall, sales are 70 percent higher than the previous year. While a variety of tech companies, including competitor Intelstumble, AMD doesn’t seem to be affected (yet).
AMD CEO Dr. Lisa Su summarizes the situation as follows: “We delivered record sales for the eighth consecutive quarter, driven by our strong performance and expanded product portfolio. Each of our segments grew significantly year over year, led by higher sales of our data center and embedded systems products.”
The company’s operating profit fell from 831 million US dollars to 526 million US dollars. The reason for this is primarily depreciation as part of the Xilinx purchase. Compared to the previous year, however, sales increased in every business area:
- The data center segment (e.g. Epyc CPUs) rose by 83 percent to 1.5 billion US dollars
- The client segment (e.g. Ryzen CPUs) rose by 25 percent to 2.2 billion US dollars
- The gaming segment (eg Radeon GPUs) rose by 32 percent to 1.7 billion US dollars
- The embedded segment (eg Xilinx) increased by 32 percent to 1.7 billion US dollars
In addition to the three well-known business areas, a separate gaming area will be added for the first time this quarter. From now on, direct conclusions can be drawn as to how well AMD has performed in recent years with GPUs and console chips for Playstation and Xbox.
In 2021, the company made sales of around USD 5.6 billion with its graphics cards and console chips and made a profit of more than USD 900 million in the same period. And that despite the fact that its gaming products were still in the red in 2020.
The company also expects strong growth for the rest of the year compared to 2021. This should be driven primarily by the upcoming 5 nm chips such as Ryzen 7000 “Raphael”.
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Reference-www.pc-magazin.de