AMD Revenues Doubled in the Previous Quarter

Posted on July 27, 2021 by Paul Thurrott in Hardware, Mobile with 15 Comments

Computex 2016: AMD A-Series Processors, AMD Radeon RX Graphics, and Zen

Chipset maker AMD reported today that it earned a net income of $710 million on revenues of $3.8 billion in the quarter ending June 30. Those revenues are up 99 percent year-over-year (YOY).

“Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled year-over-year,” AMD president and CEO Lisa Su said. “We are growing significantly faster than the market with strong demand across all of our businesses. We now expect our 2021 annual revenue to grow by approximately 60 percent year-over-year driven by strong execution and increased customer preference for our leadership products.”

AMD says its revenues growth was fueled by strong sales of its Computing and Graphics and Enterprise, Embedded, and Semi-Custom businesses.

Its Computing and Graphics business delivered revenues of $2.25 billion, up 65 percent YOY. The business grew the average selling price (ASP) of its client processors “driven by a richer mix of Ryzen desktop and notebook processor sales.” GPU ASP also grew YOY, “driven by high-end graphics product sales, including data center GPU sales.”

AMD’s Enterprise, Embedded, and Semi-Custom business reported revenue of $1.6 billion, up 183 percent YOY, and driven by higher EPYC processor revenue and semi-custom product sales.

AMD expects the good news to continue. It is projecting a 45 percent YOY improvement in revenues in the current quarter to about $4.1 billion, “driven by growth across all businesses.”

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Comments (15)

15 responses to “AMD Revenues Doubled in the Previous Quarter”

  1. lvthunder

    Imagine what it would be if there wasn't a chip shortage.

  2. bluvg

    Keep going strong, AMD. You're keeping the CPU and GPU markets exciting. (Please work harder on more reliable GPU drivers, though!)

    • Daekar

      Omg, the GPU drivers. I have swapped back and forth between Nvidia and AMD for my GPU over the years, and I have literally never had an AMD GPU which didn't render my machine unstable. They really need to fix this problem.

      • bluvg

        Same. I gave up a while back and decided just to pay a bit more for nVidia, but it sounds like it hasn't changed. Always some bizarre quirk, like having to unplug peripherals before the driver installer would proceed with an update, etc.

      • nicholas_kathrein

        I have a customer built pc I did and it never crashes. It's running 24X7 Folding @ home. Specs = 5800x processor, 32 GB Ram, and a 6900 XT Red Devil video card. I only stop folding @ home on my gpu when I'm playing games. I take all the updates from AMDs Graphics driver. Again no issues.

  3. jeff.bane

    They are truly saving us from the days when Intel could charge whatever they want. I hope they both split the market 50 / 50 and keep fighting on price and performance!

  4. bettyblue

    There only reason to buy Intel is if you do t want a Mac (M1) or you can’t find a AMD powered PC.

    My company has moved to AMD for servers 100%.

    • ringofvoid

      Intel still has an advantage on laptops due to AMD mobile processors performing poorly when on battery.

    • rob_segal

      Intel is still making a lot of money, $19.6 billion in revenue and $5.1 billion in net income, so a lot of customers and businesses are choosing Intel. Intel's quarterly net income is greater than AMD's quarterly revenue.

      The performance of my AMD laptop when it's on battery is really disappointing and I have a gaming laptop. It's not all sunshine and rainbows on AMD's side of the fence.

      • bettyblue

        No gaming laptop gets good battery life. They should be used plugged in IMHO.

        In my experience no Windows laptop gets good battery life especially compared to MacBooks. I would half what any Windows laptop makers battery life claims to get an idea of what the real battery life is.

        • rob_segal

          I'm not referring to battery life. I'm talking about the throttled and reduced processor performance when on battery. All AMD CPU's does this.

  5. JH_Radio

    Well things are gonna get interesting in the next few years. Between Intel's road map and Qualcomm actually possibly going somewhere, yeah.