AMD Financials Reveal Impressive Stats; 34% Increase In Revenue, 35% Increase In Gross Margin For 2017
AMD financials for the fourth quarter have been made public and it seems that AMD is back with a bang. While the company has been in the business for some time now, it was just last year that AMD brought some major competition into the market and posed a threat to both Intel and Nvidia. One opposition worked and the other is debatable but we had some impressive competition in both spaces.
AMD financials for Q4 reveal that the company achieved revenue of $1.48 billion, which is an increase of 34% as compared to previous year and the net income was 61 million, the gross margin increased 35%. These are some pretty impressive numbers and it would seem that things are only going to get better.
Director Sales- EMEA Component Channel at AMD, Neil Spicer, talked about the condition of the company and where the company stands. In an interview, he said that the need for high-performance processing will increase over the period of time and that is something that we can all agree is very true. Keeping that in mind this is the only company that caters to the CPU, APU, and GPU market. Keeping that in mind you can imagine why the future is bright for AMD.
AMD was able to achieve $958 million from the computing and graphics segment, which is a 60% increase as compared to the previous year. Revenue from embedded and semi-customized was $522 million. All in all the company had a revenue of $ 5.33 billion in 2017 which has increased 25% as compared to 2016.
This is a huge leap forward and we have already heard AMD CEO Lisa Su talk about investment in R&D. She said that more money was put into research and development in 2017 as compared to 2016 and that more money will be put in 2018 as compared to the previous year. This increase in revenue should help AMD so exactly that.
AMD has achieved a net profit of $179 million in 2017 and if all goes according to plan then things should be even better in 2018. AMD Lisa Su did hint that this was just the beginning and that there was more in the future. The following is what she had to say:
The Raven Ridge/Ryzen Mobile design was sort of like the first step, but we are nowhere near done with everything that can be done, so you are going to see that power profile get better and better as new systems come out. So yes, I am very optimistic about the whole, like I said, I am simply amazed with some of the things that you can do, or we can do with in partnership with the OEMs.
She also mentioned that the company was very dedicated to gaming and that is one thing that is not going to change looking ahead. The following is what she had to say:
We’re very committed to gaming so that’s not going to change, but you will see us do some more purpose-built products for the compute side of things.
Let us know what you think about AMD financials for the fourth quarter of 2017 and the year as a whole and what you are expecting from the company in 2018.