AMD breaks new records in the third quarter of 2021

Since the launch of the Zen architecture in the spring of 2017, AMD has slowly recovered financially and is now a company with strong finances. At the same time as sales have increased for each quarter for over a year, AMD is breaking its own profit records one by one. The upward trend continues when the results for the third quarter are now reported.

AMD’s quarterly report Q3 2021

On the consumer side, the third quarter of the year is generally strong, as it is the period in which the major purchases are made before Christmas shopping. This is also reflected in AMD, which had sales of USD 4,313 million – a full 111 percent up compared to the third quarter of 2020. At the same time, net profit climbs up by as much as 137 percent to $ 923 million. The margins also take a step up by 4 percentage points to 48 percent.

The segment Computing and Graphics, which includes processors and graphics cards, withdrew 2,398 million and made an operating profit of 513 million. This compares with 1,667 and 384 million, respectively, in the third quarter of 2020. Growth is attributed to higher average prices (ASP) for Ryzen processors and the latest generation of Radeon graphics cards, as well as the Instinct computing cards.

AMD is also experiencing great success in the segment Enterprise, Embedded and Semi-Custom, which includes the Epyc server processors and game consoles for Sony and Microsoft. 1,915 million was traded here, which can be compared with 1,134 million in the third quarter of 2020. At the same time, operating profit increased by as much as 384 percent from 141 to 542 million.

For the fourth quarter of the year, AMD estimates sales of SEK 4.5 billion, plus or minus SEK 100 million, which would be an increase of 39 percent on an annual basis. The gross margin is estimated to land at 49.5 percent – just below AMD’s long-term 50 percent target.

Quarterly reports from AMD in 2021: