AMD sees document revenues in 4Q20 and 2020
Joseph Tsai, DIGITIMES, Taipei
AMD has introduced revenues for the fourth quarter of 2020 of US$3.24 billion, working earnings of US$570 million, internet earnings of US$1.78 billion and diluted earnings per share of US$1.45.
Fourth-quarter 2020 internet earnings included an earnings tax advantage of US$1.30 billion related to a valuation allowance launch, which contributed US$1.06 to EPS. On a non-GAAP foundation, working earnings was US$663 million, internet earnings was US$636 million and diluted earnings per share was US$0.52.
For full-year 2020, the corporate reported revenues of US$9.76 billion, working earnings of US$1.37 billion, internet earnings of US$2.49 billion and diluted earnings per share of US$2.06. On a non-GAAP foundation, working earnings was US$1.66 billion, internet earnings was US$1.58 billion and diluted earnings per share was US$1.29.
“We significantly accelerated our business in 2020, delivering record annual revenues while expanding gross margin and more than doubling net income from 2019,” stated Lisa Su, AMD president and CEO. “Our 2021 financial outlook highlights the strength of our product portfolio and robust demand for high-performance computing across the PC, gaming and data center markets. We are excited about the opportunities ahead and very confident in our long-term strategy as we continue executing our leadership product roadmaps.”
AMD’s Computing and Graphics section revenues had been US$1.96 billion, up 18% each on yr and on quarter primarily pushed by sturdy gross sales of Ryzen processors.
Client processor common promoting worth (ASP) was decrease year-over-year because of a better mixture of Ryzen cell processor gross sales. Client processor ASP was larger quarter-over-quarter pushed by Ryzen desktop processor gross sales. Radeon graphics product ASPs had been larger year-over-year and quarter-over-quarter.
The section’s working earnings was US$420 million in comparison with US$360 million a yr in the past and US$384 million within the prior quarter. The on-year and on-quarter will increase had been primarily pushed by larger Ryzen processor gross sales.
Enterprise, Embedded and Semi-Custom section revenues had been US$1.28 billion, up 176% on yr and 13% on quarter pushed by larger semi-custom and EPYC processor gross sales.
The section’s working earnings was US$243 million in comparison with US$45 million a yr in the past and US$141 million within the prior…
