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| AMD grew billions of dollars in the fourth quarter |
Chip maker AMD announced its fourth-quarter financial report and 2020 financial results, wherever you are, will be generating billions of dollars in revenue.
The company reported $ 3.2 billion in revenue for the quarter, up 53% from $ 2.1 billion in the third quarter, and $ 1.78 billion in profit for the quarter, up 948% from $ 170 million in the third quarter.
During 2020, the company's sales were $ 9.76 billion, up 45% from the $ 6.7 billion in 2019.
The company’s 2020 profit was $ 2.49 billion, up 630% from $ 341 million in 2019. According to the company, those profits include a tax deduction of $ 1.3 billion in the fourth quarter on valuation. Problem.
Today the company works in all aspects and is involved in developing the modern PlayStation and Xbox platforms with powerful desktop processors that can approach NVIDIA's GPU performance.
The company will also challenge Intel on laptops. The Ryzen 5000 mobile processor and RDNA 2 GPU are expected to hit the market later this year.
AMD said all of this has resulted in staggering revenue: While said before, the current numbers represent a record high in its revenue: Due to the outbreak, demand is expected to drop in the second semester.
More than half of the quarterly revenue came from IT and graphics, which grew 18% year-on-year and quarter, mainly due to strong sales from Ryzen processors.
AMD CEO Lisa Su said: The new Radeon 6000's quarterly performance is three times that of the previous gaming AMD GPU, and the price exceeds $ 550.
The company's Vega cards are extremely difficult to find, and AMD has never sold a gaming GPU for more than $ 550.
Radeon HD 7970 is priced at $ 550, Radeon HD 6990 and Radeon HD 7990 are priced at $ 700 and $ 1000, respectively. However, these are two specialist cards, each containing two graphics processors.