AMD closes the third quarter of 2021 with several financial records

Since 2016 when AMD launched its Ryzen processors, it has continued to grow in revenue and value in the financial market. In a tax report, the company reported revenue of US $ 4.3 billion for the third quarter of 2021, with an increase of approximately 54% compared to US $ 2.8 billion in the third quarter of 2020, and with an even better outlook for the last quarter.

AMD has over the last few years achieved exponential growth in the CPU and GPU segments, in addition to taking the crown from Intel in terms of performance. Furthermore, despite losing market share to Nvidia after the launch of GeForce RTX cards, AMD’s GPU segment remains extremely competitive.

AMD grew approximately 54% compared to the same period last year in terms of billing

The company’s segment revenue encompassing the sale of CPUs for desktops, laptops and GPUs totaled $ 2.4 billion in the third quarter, $ 751 million more than the same period in 2020, with growth of 44%. Segment earnings also increased from $ 384 million to $ 513 million. Although detailed product data was provided, AMD said CPU sales are the main driver of these results, but did not comment on the relationship between desktop and laptop CPUs.

Also without detailed data on the GPU segment, the company’s only claim is that revenue has more than doubled from 2020 to 2021, due to both high-end Radeon models and GPUs targeting the hub markets. data. With the arrival of the new entry-level Radeon RX 6600 XT and Radeon RX 6600 GPU models targeting the consumer market, these numbers are expected to rise further in the next quarter.

With the new GPU models Radeon RX 6600 XT and Radeon RX 6600 AMD will continue to grow

AMD’s fiscal third quarter also benefited from the launch of the CDNA2 architecture for high-performance computing, and the numbers are expected to continue to grow in the last quarter. In addition, we must also consider the product segments aimed at the business market, embedded SoCs and semi-custom products such as console chips, inflated by the success of EPYC processors and largely due to the high demand for PlayStation 5 consoles. and Xbox Series X / S, resulting in $ 1.9 billion in revenue.

Even with impressive results, AMD still expects growth for the latest quarter, with a revenue projection of $ 4.5 billion to end fiscal 2021 with record growth, despite the semiconductor crisis, which has yet to subside. .