[The Exiled]

AMD Reports Q4/FY 2020 Earnings: Record Revenues Repeat

Needing no introduction, AMD this afternoon is the second of the PC chip titans to announce their earnings for the quarter and for the full 2020 calendar year. The company has continued to ride high on the success of its Zen architecture-based CPUs and APUs, as well as the recent launch of the Playstation 5 and Xbox Series X|S. As a result, these products have propelled AMD to another record quarter and another record year, as the company continues to hit revenue records while recording an increasingly tidy profit in the process. Looking forward, AMD is expecting a very promising first quarter of 2021 and beyond, albeit with expectations tempered by ongoing supply shortages. At this point the company has little trouble selling everything it can make, especially with the continued high demand for tech products spurred on by the pandemic. So a lot of what’s driving AMD’s future, especially over the next quarter or two, is based on just how many 7nm wafers the company can get out of TSMC.

Izvor: AnandTech