Mixed results for AMD

Stefan Mileschin · 2nd February 2023, 10:00

Things are slowing down when they should be Ryzen

AMD posted some mixed results, which show a slowing down at the end of the year.

According to its figures, AMD posted record revenue for the entire year, while sales of consumer CPUs and GPUs declined significantly in the fourth quarter.

AMD's fourth quarter 2022 revenue totalled $5.6 billion, up 16 per cent year-over-year and flat with the fourth quarter of 2022. However, its net income fell to $21 million, 98 per cent lower than in the same period a year ago. AMD's gross margin dropped to 43 per cent from 50 per cent in the fourth quarter of 2021.

AMD earned $23.601 billion in 2022, which was a 44 per cent increase from $16.434 billion in 2021. This was the highest yearly result that AMD has ever posted, yet it could have been higher if it had not been for that pesky fourth quarter which saw demand for consumer processors and graphics cards slump

https://fudzilla.com/news/56256-mixed-results-for-amd

2nd February 2023, 10:00	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 149,058	Mixed results for AMD Things are slowing down when they should be Ryzen AMD posted some mixed results, which show a slowing down at the end of the year. According to its figures, AMD posted record revenue for the entire year, while sales of consumer CPUs and GPUs declined significantly in the fourth quarter. AMD's fourth quarter 2022 revenue totalled $5.6 billion, up 16 per cent year-over-year and flat with the fourth quarter of 2022. However, its net income fell to $21 million, 98 per cent lower than in the same period a year ago. AMD's gross margin dropped to 43 per cent from 50 per cent in the fourth quarter of 2021. AMD earned $23.601 billion in 2022, which was a 44 per cent increase from $16.434 billion in 2021. This was the highest yearly result that AMD has ever posted, yet it could have been higher if it had not been for that pesky fourth quarter which saw demand for consumer processors and graphics cards slump https://fudzilla.com/news/56256-mixed-results-for-amd

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