Breaking News

Transcend's New ESD420 Portable SSD Offers MagSafe Compatibility and Pro-Level Performance G.SKILL Trident Z5 DDR5 Memory and WigiDash Receives European Hardware Awards 2025 Silicon Power Launches WP10 Magnetic Wireless Power Bank Razer Unveils the Ultra-Lightweight DeathAdder V4 Pro Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

AMD Reports Record Data Center Revenue

AMD Reports Record Data Center Revenue

Enterprise & IT Jan 29,2019 0

Advanced Micro Devices Inc (AMD) on Tuesday reported record growth in data center revenue and forecast revenue growth in fiscal 2019 above expectations.

The chipmaker said it expects high-single digit percentage revenue growth in 2019.

The company announced revenue for fiscal year 2018 of $6.48 billion, primarily driven by higher revenue in the Computing and Graphics segment.
The company also reported perating income of $451 million, net income of $337 million and diluted earnings per share of $0.32.

For the fourth quarter of 2018, the company reported revenue of $1.42 billion, driven by the Computing and Graphics segment. Revenue was down 14 percent compared to the prior quarter as a result of lower revenue in the Enterprise, Embedded and Semi-Custom segment. Third quarter 2018 also included approximately $125 million of IP-related revenue.

Sales at AMD’s computing and graphics segment, which includes GPU sales to data centers, rose over 8.5 percent to $986 million, driven by strong sales of Ryzen processors.

“In 2018 we delivered our second straight year of significant revenue growth, market share gains, expanded gross margin and improved profitability based on our high-performance products. Importantly, we more than doubled our EPYC processor shipments sequentially and delivered record GPU datacenter revenue in the quarter,” said Dr. Lisa Su, AMD president and CEO. “Despite near-term graphics headwinds, 2019 is shaping up to be another exciting year driven by the launch of our broadest and most competitive product portfolio ever with our next-generation 7nm Ryzen, Radeon, and EPYC products.”

AMD’s results are better than expected, provided that most of chipmakers have been warning about a slowdown in China triggered by the ongoing trade dispute with the United States.

AMD rivals Nvidia and Intel both flagged a stagnating growth in data center sales, a segment where AMD is beginning to get a foothold on the back of its server chips.

AMD also today announced it entered into a seventh amendment to its wafer supply agreement with GLOBALFOUNDRIES Inc.

"GF continues to be a long-term strategic partner to AMD for the 12nm node and above and the amendment establishes purchase commitments and pricing at 12nm and above for the years 2019 through 2021," AMD said.

The amendment provides AMD full flexibility for wafer purchases from any foundry at the 7nm node and beyond without any one-time payments or royalties.

Tags: AMDfinance
Previous Post
Facebook Cought Spying on Spying On Users' Data Through VPN app
Next Post
iPhone Sales Fell in the First Quarter but Apple's Services, Mac and Wearables Set Revenue Records

Related Posts

  • AMD Introduces New Radeon Graphics Cards and Ryzen Threadripper Processors at COMPUTEX 2025

  • AMD Announces Press Conference at COMPUTEX 2025

  • ASUS Republic of Gamers Unveils Crosshair X870E Extreme, Apex Motherboards

  • ASRock gives more information about AMD CPUs and their products

  • ASRock and Asus announce Radeon RX 9070 XT and Radeon RX 9070 Graphics Cards

  • AMD Unveils Radeon RX 9000 Series Graphics Cards

  • ASRock AM5 Motherboards Now Fully Support AMD Ryzen 9 9950X3D & 9900X3D Processors

  • Intel-AMD new motherboards announced

Latest News

Transcend's New ESD420 Portable SSD Offers MagSafe Compatibility and Pro-Level Performance
PC components

Transcend's New ESD420 Portable SSD Offers MagSafe Compatibility and Pro-Level Performance

G.SKILL Trident Z5 DDR5 Memory and WigiDash Receives European Hardware Awards 2025
Enterprise & IT

G.SKILL Trident Z5 DDR5 Memory and WigiDash Receives European Hardware Awards 2025

Silicon Power Launches WP10 Magnetic Wireless Power Bank
Consumer Electronics

Silicon Power Launches WP10 Magnetic Wireless Power Bank

Razer Unveils the Ultra-Lightweight DeathAdder V4 Pro
PC components

Razer Unveils the Ultra-Lightweight DeathAdder V4 Pro

Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.
Cameras

Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed