AMD Huge Earning on Ryzen Growth & Crypto Mining Craze

AMD‘s Q1 2018 financial report is huge in almost all respects. Quarterly revenue increased 40% year-over-year to a healthy $1.65 billion, the third consecutive quarter of double-digit revenue growth.

AMD New RoadMap Of New Ryzen CPUs and Vega GPUs - credit by AMD

AMD New RoadMap Of New Ryzen CPUs and Vega GPUs – credit by AMD

The growth is largely driven by Ryzen and Radeon chip sales that contributed to $81 million in profit during the quarter. AMD is forecasting 50% YoY revenue growth for the next quarter and 20% revenue growth for the year, which suggests the company is just hitting its stride. The company is also already on 7nm GPUs in its labs, fabbed on TSMC’s silicon and 7nm EPYC 2 processors in development. AMD says that Ryzen processors made up 60% of its product mix in Q1, which is a pronounced 20% jump over the previous quarter.

AMD Report

AMD Report

AMD’s new second-generation Ryzen processors weren’t shipping during the quarter, so we can expect that mix to increase further. AMD also cited strong Ryzen Mobile sales as a contributing factor. The company is also rolling out its Ryzen Pro models soon, which will debut in Dell, HP, and Lenovo laptops, among others.

AMD CEO Lisa Su revealed that the company has working 7nm GPU silicon in its labs, which we know from its pre-CES announcements is a Radeon Instinct MI25 card with the Vega architecture. AMD says the 7nm GPUs and 7nm EPYC 2 processors are on schedule to sample to customers by the end of the year. Both 7nm products will ship in volume in early 2019.

Tags: Technology, amd, amd stocks, amd earning, amd report, new amd report, amd 2018 q1 report, amd growth, amd gpu

Mohsen Daemi
Latest posts by Mohsen Daemi (see all)