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AMD achieved a multi-billion dollar increase in the fourth quarter

 


Chipmaker AMD announced its fourth-quarter profit, in addition to its full 2020 financial results, adding billions of dollars wherever it looks.

The company generated $3.2 billion in revenue for the quarter, up 53 percent from $2.1 billion in the third quarter, and $1.78 billion in profit for the quarter, up 948 percent from $170 million in the third quarter.

For the whole of 2020, the company generated $9.76 billion in revenue, up 45 percent from $6.7 billion in 2019.

The company's full-year profit for 2020 was $2.49 billion, up 630 percent from $341 million in 2019, and according to the company, those earnings include a fourth-quarter income tax benefit of $1.30 billion associated with the issuance of the valuation allowance.

The company is working on all fronts these days, co-manufacturing modern PlayStation and Xbox platforms have a powerful desktop computer CPU, and has nearly followed invidia's GPU performance.

The company is also about to challenge Intel with regard to laptops through Ryzen 5000 portable CPU and RDNA 2 graphics processing units that are scheduled to be introduced later this year

All this translates into eye-catching revenues, and AMD says the current figures represent record revenues, although it has previously said that it expects demand to weaken in the second half of the year due to the epidemic.

More than half of its quarterly revenue came from the computing and graphics sector, which rose 18 percent year-on-year and quarterly, driven mainly by strong sales of Ryzen processors.

Lisa Su, CEO of AMD, said the new Radeon 6000 cards have launched three times more quarterly shipments than any previous AMD game console priced at more than $550.

 It was very difficult to find the company's Vega cards, and AMD never sold a game graphics processing unit for more than $550.

Radeon HD 7970 was launched at $550, and Radeon HD 6990 and Radeon HD 7990 cost about $700 and $1,000, respectively, but they were specialized cards each with two graphics processing units.

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