Things seem to be going quite well for AMD lately, as they just posted up their financial results for Q3 and thanks to 7nm Ryzen, Radeon and EPYC processor sales they're looking good.
According to their press release, this is the strongest quarterly revenue since 2005 and their highest quarterly gross margin since 2012. Some key points:
- Revenue was up to $1.80 billion, up 9% from the same quarter last year
- Net income was at $120 million up from $102 million a year ago
- Computing and Graphics revenue was $1.28 billion, making it a 36% increase from a year ago they say is mainly driven by "increased Ryzen client processor sales"
This is what happens when you put out processors that focus on core count as well as closing the performance gap with Intel. They're finally giving us processors we actually want to go out and buy.
Additionally, it seems more people are coming up against the issue with Ryzen 3000 processors having a microcode bug with their random-number-generating RDRAND. Phoronix actually reported on this back in July, with Ars Technica now also having issues with it as some motherboard manufacturers still haven't added the fix into a BIOS update. If you have a newer Ryzen processor, it's worth looking into.
Source: AMD Press
On top of that, Zen 3 is design complete with Zen 4 and 5 currently in the design phase as confirmed by the AMD CTO, Mark Papermaster, during their AMD EPYC Horizon Executive Summit. Watch from here for the confirmation on that.
Article taken from GamingOnLinux.com.
https://imgur.com/a/fQuvhNV
Last edited by Shmerl on 30 October 2019 at 1:42 pm UTC
QuoteRevenue was up to $1.80 billion, up 9% from the same quarter last year
Net income was at $120 million up from $102 million a year ago
This is great, but...
Intels net income ($6.0B in Q3 2019) is still several times larger than AMDs whole revenue...!
Quoting: EikeQuoteRevenue was up to $1.80 billion, up 9% from the same quarter last year
Net income was at $120 million up from $102 million a year ago
This is great, but...
Intels net income ($6.0B in Q3 2019) is still several times larger than AMDs whole revenue...!
Yes, AMD is tiny compared to Intel, but considering they were almost bankrupt just a couple of years ago, these are very good results!
Can you imagine an Intel monopoly today, with €400 quad cores and €1000+ eight cores? makes you shudder...
In any case, it's great to have them back. We definitely needed competition.
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