Server business is booming – AMD surpasses rival Intel with record revenue


The chip group AMD continues to overtake its bigger rival Intel. Data center technology in particular saw strong growth of more than 80 percent in the quarter, while Intel showed a decline. At the same time, AMD’s current quarter sales forecast surpassed analyst expectations on Tuesday.

Overall, AMD’s quarterly revenue rose 70 percent to $6.55 billion, partly due to the purchase of chip specialist Xilinx. According to, this is the highest turnover in the company’s history.

For the current quarter, AMD forecast revenue between $6.5 and $6.9 billion, while analysts had expected a good $6.8 billion. The stock lost more than 4 percent in after-hours trading.

83 percent more revenue in the server area
AMD’s data center chip business is up 83 percent to $1.5 billion. At Intel, its corresponding division revenue fell 16 percent to $4.6 billion in the quarter.

In the PC sector, AMD rose a quarter to $2.2 billion, despite the slump in the computer market. Intel was down a quarter to $7.7 billion.The bottom line is that AMD’s quarterly profit fell 37 percent to $447 million, partly due to write-downs related to the Xilinx acquisition.

Source: Krone


Please enter your comment!
Please enter your name here

Share post:



More like this