By Darren Allan
AMD obviously pinned a lot of hopes on Ryzen turning its fortunes around in the processor market, and indeed the new CPUs (introduced in the spring) have been selling strongly, playing a big part in ensuring a healthy financial report in the latest quarter (Q3).
Ryzen and Radeon (the firm’s CPUs and GPUs) drove the computing and graphics group to rake in revenues of $819 million (around £620 million, AU$1.05 billion), not too far off double the sales AMD managed in the same quarter last year ($472 million – that’s around £360 million, AU$610 million).
Chief executive Lisa Su made a bold claim along with the revelation of these figures, namely that Ryzen desktop processors represented around 40 to 50% of sales at some (unspecified) online retailers. In other words, AMD was practically level pegging with Intel – at certain outlets, that is.
And all this was just the tonic AMD needed to help push revenue up an impressive 26% year-on-year, to a total of $1.64 billion (around £1.25 billion, AU$2.1 billion). That was considerably ahead of analyst estimates which had forecasted revenues of around $1.51 billion.
Su noted that: “Strong customer adoption of our new high-performance products drove significant revenue …read more
Source:: techradar.com – Computing Components
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