In case you were wondering, no, AMD hasn't managed to fsck everything up. It's still making lots of money
- Reference: 1619584810
- News link: https://www.theregister.co.uk/2021/04/28/amd_q1_2021/
- Source link:
“Our business continued to accelerate in the first quarter driven by the best product portfolio in our history, strong execution, and robust market demand,” CEO Lisa Su told financial analysts on the chip designer's Q1 2021 earnings conference call on Tuesday. “We had outstanding year-over-year revenue growth across all of our businesses, and data center revenue more than doubled."
[1]
Amid the ongoing semiconductor supply shortage, AMD this year launched its Ryzen 5000G APUs and [2]Milan , its third-generation Epyc server processor family for high-performance computing. As for its graphics cards, its most recent [3]Radeon RX 6000 line is still going strong.
Su said AMD's latest gear is going into all sort of machines from laptops built by Lenovo and Asus, to upcoming AI-friendly supercomputers in [4]America and [5]Europe .
[6]
Here’s a quick rundown on the most important numbers from AMD's Q1 earnings report
[7]PDF
.Revenues totaled $3.45bn, an increase of 93 per cent compared to the $1.77bn in Q1 2020.
Net income was $555m, up 243 per cent from the $162m this time last year.
Gross margin percentage was 46 per cent, no change there year-over-year.
GAAP earnings per share were $0.45, a jump of 221 per cent from the $0.14 from a year ago.
Computing and graphics is the biggest segment for the company, bringing in $2.1bn in revenues, up from 46 per cent from a year ago. Average selling prices for client compute and graphics cards were up, year on year, due to the desktop and notebook mix of PC sales, and the availability of high-end Radeon parts.
Enterprise, Embedded and Semi-Custom for data centers and video games consoles, mainly, totaled $1.3bn, up 286 per cent from the previous year. This segment was helped not just by organizations snapping up Epyc parts for remote services, but also demand for AMD's components in refreshed consoles.
Although semiconductor supplies are tricky at the moment, Su said AMD haven't been impacted too much, and will remain on schedule to fulfill its roadmap. She expects AMD to continue gaining momentum throughout the year as available stock increases.
[8]
Rome is AMD's most profitable Epyc processor at the moment. In the coming quarters, Milan is expected to take over as top cloud providers, such as Amazon Web Services, Microsoft Azure, and Google Cloud, announce instances powered by the microprocessor family. AMD's [9]Xilinx acquisition is due to close at the end of the year, too. ®
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[1] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/servers&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2YIkyQVwA-KlsAP-6Vy87zwAAAEY&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[2] https://www.theregister.com/2021/03/15/zen_3_amd_epyc/
[3] https://www.theregister.com/2020/10/29/amds_radeon_gpus/
[4] https://www.theregister.com/2021/01/27/us_cheyenne_supercomputer/
[5] https://www.theregister.com/2020/10/22/hpe_amd_supercomputer/
[6] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/servers&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33YIkyQVwA-KlsAP-6Vy87zwAAAEY&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[7] https://d1io3yog0oux5.cloudfront.net/_ee24874d4888cc56b59891df4ac06e6f/amd/news/2021-04-27_AMD_Reports_First_Quarter_2021_Financial_998.pdf
[8] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/servers&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44YIkyQVwA-KlsAP-6Vy87zwAAAEY&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[9] https://www.theregister.com/2021/04/08/amd_xilinx_merger/
[10] https://whitepapers.theregister.com/
Re: semiconductor issues
Is any of that cost increase due to shipping? I know lots of companies are having issues actually shipping parts around, no space on ships, so switching to air, which cost a lot more, especially for anything heavy etc.
AMD doesn't really have any semiconductor supply issues, at least not for CPUs (GPUs is a different thing!).
All the current CPU cores for AMDs Ryzens (i.e. Desktop, mobile and server CPUs) are all made by TSMC. The last two gens, Zen 2 and Zen 3, being on 7nm, which has been around now for a while, and is quite mature (i.e. high yields etc). This 7nm production space was booked up well in advance of the current issues. AMD started with 7nm with Zen 2 back in mid 2019.
I suspect most of AMDs CPU stock shortages last year were simply down to the increased demand, rather than actual issues making the things (production volumes were actually higher than planned from what I've seen, it's just that demand was far high than anyone had expected, so still outstripped supply).
A quick look at a few retailers (in the UK), and seems all the main Zen 3 desktop parts, 5600X through to 5950X, are all in stock for immediate shipping.
Things might change for Zen 4 due later this year, as that's expected to be on TSMCs 5nm, (same as the latest Apple CPUs etc). As far as I know again AMD have agreed space on 5nm with TSMC some time back, as Zen 4 has been on their road map for a while now, but 5nm is also the leading tech for many mobile chips, including Apple etc, and it's less mature, so high demand but possibly lower yields than 7nm. So I'd expect production of the new Ryzen 6000 range (or whatever it gets called), to be somewhat limited at least initially.
Conversely, try looking for a current nVidia or AMD GPU, and no stock anywhere!
semiconductor issues
Surely semiconductor issues wouldn't show in the last accounts, I know of one company who's just been hit by a 500% increase in costs and may be unable to get certain components going forward.