AMD reported a stonking quarter

Stefan Mileschin · 29th July 2021, 07:09

Confirms on Zen 4 release date

AMD reported huge second quarter results nearly doubling its revenue from last year.

AMD said that its net income and earnings per share, among other things, have exhibited enormous growth. This is a 350 percent increase in GAAP and around 250 percent in non-GAAP terms.

On average, analysts had projected revenue of $3.8 billion. The company also raised its annual outlook and now expects revenue to increase by 60 percent up from a previous forecast for 50 percent growth.

The increases were driven by a richer mix of sales, including high-end Ryzen, Radeon, and Epyc processor sales. That means AMD is doing well across the board.

More interesting though is that the company shared more details on its upcoming Zen 4 which is the fourth major iteration of the Zen CPU micro-architecture, as well as Radeon's next-gen RDNA 3 graphics architectures.

https://fudzilla.com/news/53301-amd-...onking-quarter

29th July 2021, 07:09	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,325	AMD reported a stonking quarter Confirms on Zen 4 release date AMD reported huge second quarter results nearly doubling its revenue from last year. AMD said that its net income and earnings per share, among other things, have exhibited enormous growth. This is a 350 percent increase in GAAP and around 250 percent in non-GAAP terms. On average, analysts had projected revenue of $3.8 billion. The company also raised its annual outlook and now expects revenue to increase by 60 percent up from a previous forecast for 50 percent growth. The increases were driven by a richer mix of sales, including high-end Ryzen, Radeon, and Epyc processor sales. That means AMD is doing well across the board. More interesting though is that the company shared more details on its upcoming Zen 4 which is the fourth major iteration of the Zen CPU micro-architecture, as well as Radeon's next-gen RDNA 3 graphics architectures. https://fudzilla.com/news/53301-amd-...onking-quarter

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