On 27 July The Advanced Micro Devices (AMD) shared its second quarter earnings of 2021, and it is an extremely impressive figure. The company has earned $3.9 billion revenue in the 2nd quarter of 2021. Its highest marked to date an amazing 99% year-over-year growth in Q2, as it rapidly towards a gross margin of 50%.
According to the reports of Wccftech, At the end of the first quarter of 2021, It had generated $3.4 billion in revenue. Personal computing and enterprise generated $2.1 billion and $1.3 billion revenue, respectively.
At the end of the second quarter of 2021, AMD total revenue grew by 12%. The two segments raked in $2.2 and $1.5 billions. The role played by enterprise and embedded segments give Sequential growth for the pair stood at 7% and 19%.
AMD gets the strong revenue growth to sales because of the Ryzen 6000 GPU Series and higher average selling prices (ASPs) for its processors. In keeping with the AMD company, notebook CPU and desktop CPU sales together with a growth in higher-priced.
Gross margins, which measure the role played by the price of product sales in a company’s profitability, stood at 48%, up by 4% annually and 2% over its previous high value of 46% in Q1 2021 and Q1 2020.
Strong Data center Sales Play Crucial Role In Propelling AMD To Record Revenue In Q2 2021
AMD also provide data center products that proved to be a strong one for its. EPYC processors are used by server and other companies. According to the company, Q2 marked a “5th straight quarter of record server processor revenue, including demand for 2nd and 3rd Gen EPYC processors.”
The enterprise segment also includes revenue from sales of products of AMD. It classifies the silicon powering gaming consoles for Microsoft and Sony Corporation. Console revenue also make more strong the AMD in Q2. AMD saying that demand grew both annually and sequentially. Stay tuned with Technical Meer for Latest tech news and updates.