AMD celebrates record quarter on strong data centre results 

Tom Allen
clock • 1 min read
Ryzen chips enjoyed high sales of premium products
Image:

Ryzen chips enjoyed high sales of premium products

AMD’s acquisition of Xilinx earlier this year has turned the company into a “data centre powerhouse,” say analysts, and pushed the company to its first $5 billion+ quarter. 

The chip-maker reported revenues of $5.9 billion for Q1'22, with a net income of $786 million - up 70% and 42% YoY, respectively, and its best-ever result.  Even excluding Xilinx, which AMD acqu...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
AMD announces 288 GB Instinct MI325X GPU in challenge to Nvidia

Chips and Components

Will enable servers to handle a one-trillion-parameter AI model in its entirety

clock 03 June 2024 • 4 min read
AMD's new chips bring AI to business laptops

Chips and Components

Claims 84% efficiency gains

clock 17 April 2024 • 2 min read
IT Essentials: The gravity of reality

Strategy

Is this week's wobble the start of an AI crash?

clock 05 February 2024 • 2 min read

More on Finance and Reporting

Apple revenues fall - but not by as much as expected

Apple revenues fall - but not by as much as expected

Investors cheered by better-than-expected results and stock buyback

John Leonard
clock 03 May 2024 • 2 min read
Microsoft, Google and Snap report strong quarterly results, IBM and Intel less so

Microsoft, Google and Snap report strong quarterly results, IBM and Intel less so

Microsoft and Google see AI investments bearing fruit

John Leonard
clock 26 April 2024 • 4 min read
Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read