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 Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for, VGC, Games London, The Observer/Guardian and Esquire UK.