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AMD revenue rising due to brisk Ryzen sales

AMD revenue rising due to brisk Ryzen sales
AMD revenue rising due to brisk Ryzen sales
The chipmaker was able to cut losses significantly but is still $29 million USD in the red even after riding the Ryzen hype train.

AMD's latest quarterly figures are predictably dominated by the launch of new Ryzen CPUs. The chipmaker has reported a sales uptick of 18 percent YoY to $973 million USD. Note that the Q1 2017 period does not include sales of Ryzen 5 CPUs as these launched a few months after the initial Ryzen X series.

The sales of CPUs and GPUs make up $593 million USD of the aforementioned $973 million. Nonetheless, AMD is still reporting an operating loss of $15 million USD likely due to preparations related to the launch of a brand new family of processors. Operating losses were even higher a year earlier at $70 million USD.

Net revenue now sits at $391 million USD from AMD's Embedded and Semi-Custom segment responsible for console processors and servers. Income from this particular arm has fallen to just $9 million USD compared to $16 million in Q1 2016.

While AMD still hasn't managed to return to black, the manufacturer has cut its losses significantly to $29 million USD compared to $68 million a year earlier. AMD is expecting a revenue growth of 12 percent for its upcoming Q2 2017 period despite a drop of 13 percent in its shares to a little over $11 USD following the quarterly report.


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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2017 05 > AMD revenue rising due to brisk Ryzen sales
Allen Ngo, 2017-05- 5 (Update: 2018-05-15)