AMD announced the 2021Q1 financial report: break the single-quarter revenue record
AMD announced the results for the first quarter of 2021, which can be said to be very eye-catching, with substantial growth. AMD CEO Dr. Lisa Su said: At present, we have the best product portfolio in history, strong execution, and strong market demand. Our business continued to grow rapidly in the first quarter. In all business areas, our revenue has increased significantly year-on-year, and the revenue of the data center product line has more than doubled. We have raised our full-year performance forecast. Given the increase in high-performance computing products and expanding customer relationships, our business is expected to grow substantially.
The financial report shows that AMD’s revenue in the first quarter of 2021 was 3.45 billion US dollars, an increase of 93% year-on-year and a month-on-month increase of 6%. This is AMD’s record single-quarter revenue, mainly due to the computing and graphics division, enterprise, and embedded and the revenue growth of the semi-custom business unit. In addition, net profit was 555 million US dollars, a year-on-year increase of 243%, and a month-on-month decrease of 69%.
Although AMD has been stuck in the shortage of CPU and GPU supply, it obviously sells all the chips as much as possible. The Ryzen series and Radeon series are indispensable. The revenue of the computing and graphics business unit is 2.1 billion US dollars, an increase of 46% from the previous month. Among them, the Ryzen series has created new records in revenue and average selling price. AMD said it will continue to work hard to increase market share and at the same time be committed to high-end products.
At present, AMD is also performing very well in the field of notebook computers. The continuous shipment of the Ryzen 4000 series and the launch of the Ryzen 5000 series has enabled AMD to set a revenue record for mobile processors for six consecutive quarters. In contrast, Intel has set a record in shipments, but its average selling price has dropped by 43%.
The sales of Radeon RX 6000 series GPUs also doubled from the previous quarter, but it is reflected that the market supply will have to wait for the next quarter. AMD’s enterprise, embedded and semi-custom business units cover products used in data centers/servers and game consoles, a year-on-year increase of 286% to reach 1.35 billion US dollars, mainly due to the increase in sales of EPYC series processors
