Although the last two years for us, consumers, have been one of the worst in terms of prices and availability, among others computer components, the business of “those at the top” is in full swing. Companies are making more money through a pandemic nod to technology and increased demand, so AMD’s 2022 plan will try to keep this trend alive.
As for AMD, in 2020 the company recorded a record revenue of $ 9.763 billion and according to estimates in the current one, despite the crisis on the semiconductor market, it will hit as much as $ 15.5 billion. This seems difficult, but AMD is confident that it will achieve its goal not only in the present but also in the years to come. As? Apparently, by increasing the supply of its products, which will meet the constantly growing demand for servers and HPC equipment.
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We believe we can continue [ten wzrost przychodów]both with customers on the demand side and with the supply side in cooperation with our partners and suppliers
– said Devinder Kumar, AMD’s chief financial officer, at the Deutsche Bank Technology Conference 2021 (via SeekingAlpha).
Also read: Graphic rescue on the horizon? NVIDIA could overturn the older mainstream king
This year AMD, while it may not seem so, is doing great. It already grossed $ 7.295 billion in the first two quarters and is on track to meet its goal of increasing revenues by 60% year-on-year. The company owes this success to prioritizing the production of products that it has committed to deliver (server processors, SoCs for new generation consoles), as well as high-margin hardware. You can read more about it here.
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