AMD published its latest quarterly and full year results in the US yesterday evening. Its results showed that in Q4 2020 it brought in record revenue of $3.24bn, a figure 16 per cent better than the preceding quarter and 53 per cent better than a year previously. Considering the full year revenue, it generated $9.76bn which is 45 per cent better than 2019.
In a statement accompanying the results, AMD CEO Dr Lisa Su stated that AMD significantly accelerated our business in 2020 . She added that she was confident of continued growth in 2021, saying she was excited about the opportunities ahead and very confident in our long-term strategy, going forward. The official AMD guidance for 2021 is that it will generate $3.2bn revenue (Flat QoQ, +79 per cent YoY) in Q1, and $13.37bn in revenue during the full year, up 37 per cent.
AMD published its latest quarterly and full year results in the US yesterday evening. Its results showed that in Q4 2020 it brought in record revenue of $3.24bn, a figure 16 per cent better than the preceding quarter and 53 per cent better than a year previously. Considering the full year revenue, it generated $9.76bn which is 45 per cent better than 2019.
In a statement accompanying the results, AMD CEO Dr Lisa Su stated that AMD significantly accelerated our business in 2020 . She added that she was confident of continued growth in 2021, saying she was excited about the opportunities ahead and very confident in our long-term strategy, going forward. The official AMD guidance for 2021 is that it will generate $3.2bn revenue (Flat QoQ, +79 per cent YoY) in Q1, and $13.37bn in revenue during the full year, up 37 per cent.