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Games help drive 32% revenue increase at AMD this year

Games help drive 32% revenue increase at AMD this year

AMD's games division is one of the sectors driving an expected 32 per cent increase in revenue at the company year-on-year.

In the firm's financial report for the three months ending June 27th, 2020, the firm said that PC, gaming and data centre were the areas contributing to the increase.

For the last quarter, AMD's computing and graphics business saw a 45 per cent increase year-on-year, bringing in $1.37bn, due to strong sales of its Ryzen processors. This served to offset some lower sales of its older CPUs. Revenue from the company's graphics division declined year-on-year due to lower GPU shipments.

“We delivered strong second-quarter results, led by record notebook and server processor sales as Ryzen and EPYC revenue more than doubled from a year ago,” said AMD president and CEO Dr Lisa Su (pictured).

“Despite some macroeconomic uncertainty, we are raising our full-year revenue outlook as we enter our next phase of growth driven by the acceleration of our business in multiple markets.”


PCGamesInsider Contributing Editor

Alex Forbes-Calvin is a freelance writer and photographer, mostly operating within the games industry. Over his career, he has written for the likes of MCV, Eurogamer, GamesIndustry.biz, The Observer, VGC and Esquire. That's on top of writing books for Dark Horse on RuneScape, Assassin's Creed, Dead Island 2 and more.