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AMD’s Q3 2021 results

AMD reported revenue for the third quarter of 2021 of $4.3 billion, an operating income of $948 million, and a net (GAAP) profit of $923 million. “AMD had another record quarter as revenue grew 54% and operating income doubled year-over-year,” said AMD president and CEO Dr. Lisa Su. “3rd Gen EPYC processor shipments ramped significantly in the quarter as our ...

Jon Peddie

AMD reported revenue for the third quarter of 2021 of $4.3 billion, an operating income of $948 million, and a net (GAAP) profit of $923 million. “AMD had another record quarter as revenue grew 54% and operating income doubled year-over-year,” said AMD president and CEO Dr. Lisa Su. “3rd Gen EPYC processor shipments ramped significantly in the quarter as our data center sales more than doubled year-over-year. Our business significantly accelerated in 2021, growing faster than the market based on our leadership products and consistent execution.” Gross margin was 48%, up 4 points year-over-year and no change quarter-over-quarter. The year-over-year
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