AMD revenues set a historic record

Starting the new year with a big rise, AMD achieved record revenue thanks to console sales and high demand on the server side. The rise will continue this year.
 AMD revenues set a historic record
READING NOW AMD revenues set a historic record

AMD, which manages the intense demand that started especially during the pandemic period, continues to break records. The highest revenue and operating profit in the company’s history were achieved in the first quarter of the year. It looks like it will be pretty hot this year.

AMD broke a historical record

According to the company’s statement, revenue in the first quarter of the year reached 5.9 billion dollars. An increase of 71 percent was recorded on a year-on-year basis. The Xilinx subsidiary contributed to revenues with $559 million in this period. Operating profit, on the other hand, grew by 33 percent on a year-on-year basis, with $2.8 billion. Net profit grew by 42%, with $786 million.

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Computer division grew by 33 percent with $2.8 billion, while the Server and Semi-Custom Design division grew by 88 percent with $2.5 billion. Especially EPYC processors and console sales made people smile during this period. In this period, a loss of 886 million dollars was incurred due to various acquisition costs, but could not reduce the overall picture to negative.

In the current quarter, AMD aims to break another record. Total revenue is expected to rise to $6.5 billion, while operating profit is expected to decline slightly as the Xilinx and Pensanto acquisitions have payments.

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