AMD Reports Record Earnings Driven by Notebook and Server Processors

Jul. 29, 2020

In a press release announcing the results, Dr. Lisa Su, AMD president and CEO, said that the company experienced record sales of notebook and server processors during the April-June quarter.“We delivered strong second quarter results, led by record notebook and server processor sales. Ryzen and EPYC revenue more than doubled from a year ago. Despite some macroeconomic uncertainty, we are raising our full-year revenue outlook as we enter our next phase of growth driven by the acceleration of our business in multiple markets”.

The record revenues were primarily driven by higher sales from the computing and graphics segments. Revenue for that segment came in at $1.37 billion, up 45% YoY. The company says that the increased revenues is primarily down to robust sales of its Ryzen processors for laptops. Datacenter adoption of the company’s 2nd-generation EPYC processors also contributed handsomely to the company’s burgeoning bottom-line.

AMD has announced a slew of new Ryzen processors for consumer PCs and workstations recently. Last week, the company announced theRyzen 4000 and Ryzen 4000 PROdesktop processors. Prior to that, the company announced theRyzen Threadripper PRO series of processorsfor workstations. Last month, the company had announcednew Ryzen 3000-seriesprocessors and the Radeon Pro 5600M GPU.

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