Amd Announces Great Financial Results In Second Quarter

AMD has published its economic results for the second quarter of this year 2018, exceeding its expectations for the first quarter with revenues of $ 1.76 billion, which translates into an increase of more than 110 million compared to the first quarter..

AMD achieves its best financial results in a long time

This significant increase has occurred despite recent declines in Radeon graphics sales for cryptocurrency mining, demonstrating the great strength of AMD's entire product range, including Ryzen processors, as well as its growth in the markets. business. Since the second quarter of 2017, AMD has managed to go from a loss of 42 million to a profit of 116 million, an increase in its profits of 154 million.

This growth primarily comes from AMD's computing and graphics segment, which sees a 64% year-over-year revenue increase, although revenue from the company's Enterprise, Embedded and Semi-Custom segments has also seen a 37% revenue increase. throughout the year.

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AMD's computing and graphics segment has seen revenue decline this quarter, falling 3% from the first quarter, though this change is primarily due to lower graphics card sales and the decision to cut processor prices Ryzen in the last few quarters. The AMD Ryzen 7 1800X was released at a price of $ 499, while its successor, the Ryzen 7 2700X, went on sale for $ 299. This decrease in price has been possible due to the decrease in manufacturing costs.

AMD expects its revenue in the third quarter of 2018 to be around approximately $ 1.7 billion, which translates to a gross margin increased by 38%. Without a doubt, excellent news for all users, since it is confirmed once again that AMD has returned to the path of success.

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