AMD’s revenue for fiscal 2020 grew 45 percent to $ 9.7 billion

AMD's revenue for fiscal 2020 grew 45 percent to $ 9.7 billion

According to AMD, fourth-quarter 2020 revenue rose 53 percent to $ 3.24 billion, and fiscal 2020 revenue rose 45 percent to $ 9.76 billion.

AMD is working hard these days; In addition to being the basis of new PlayStation and Xbox boxes made of components, desktop PCs are very powerful in performance.The graphics are almost on par with Nvidia, challenging Intel with laptops with the Ryzen 5000 processor and RDNA 2 graphics processor.

With all of this in mind, the chip maker, while announcing its financial performance in the last three months and all of 2020, compared them to last year’s financial performance. Has compared:

  • Revenue of $ 3.2 billion in the last three months, 53% more than $ 2.1 billion in the last quarter of last year
  • Profits of $ 1.78 billion in the last three months, 948% more than $ 170 million in the last three months of last year
  • Revenue was $ 9.76 billion last year, up 45 percent from $ 6.7 billion in 2019
  • Profits of $ 2.49 billion last year, 630% more than $ 341 million in 2019

AMD CEO Lisa Su has announced that the supply of new Radeon 6000 cards has tripled among gaming GPUs previously priced at around $ 549.

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