AMD today released its Q3 quarterly financial report. This time it was another bumper season. Revenue was US$4.313 billion, an increase of 54% compared to US$2.801 billion in the same period last year, and an increase of 12 compared to the US$3.850 billion in the previous quarter. %; Net profit was US$923 million, an increase of 137% compared with US$390 million in the same period last year, and an increase of 30% compared with US$710 million in the previous quarter.
AMD’s earnings surge is related to the explosion of its multiple businesses. Specifically, the third-quarter revenue of the computing and graphics division was US$2.398 billion, an increase of 44% compared with the US$1.667 billion in the same period last year. An increase of 7% compared to US$2.250 billion.
The third-quarter revenue of the enterprise, embedded products, and semi-customized divisions was US$1.915 billion, an increase of 69% compared with the US$1.134 billion in the same period last year, and an increase of 20% compared with the US$1.60 billion in the previous quarter.
From the processor and graphics card business that everyone is most concerned about,The big increase in revenue and profit this time is that the ASP has reached a new high. AMD mentioned that the ASP increase in client-side ASP is due to the sales of Ryzen processors, and the increase in the average GPU price is due to high-end graphics cards and data center graphics cards. The common result.
AMD did not release specific data, such as the average ASP price of graphics cards and Ryzen, but judging from the release of the Ryzen 5000 series last year, netizens complained that the 6-core Ryzen 5 5600X exceeded 2,000 yuan, but for AMD, it is even more expensive. The high pricing is obviously beneficial, helping them achieve higher profits.
The gross profit margin in the Q3 quarter has increased to 48%, an increase of 4% compared to last year, but it will further increase to 49.5% in the Q4 quarter, which is almost half of the gross profit.
It is worth mentioning that Intel’s gross profit margin has been declining over the past ten years, and it was still around 65% in 2010. In the previous financial report, the gross profit margin was 56%. Considering that Intel will continue to grow in the future. Investment in the construction of a new fab will result in a further decline in gross profit margin. AMD’s profitability (not total profit) may be able to catch up with Intel in the next one or two years.
You know, AMD is a fabless semiconductor company, and Intel is an IDM vertical semiconductor company. The latter is burdened with huge chip manufacturing costs.