AMD reports record quarterly and yearly revenue, Navi refresh and next-gen RDNA coming in 2020

In a nutshell: AMD has announced its Q4 2019 and full year 2019 earnings results, and it’s mostly good news. The firm broke quarterly and yearly revenue records, but its stock fell around 4 percent on the back of a softer outlook for Q1 2020. CEO Dr. Lisa Su also revealed that the Navi Refresh and RDNA 2 would both arrive this year.

AMD brought in a record $2.13 billion of revenue in the fourth quarter, marking a 50 percent increase compared to Q3 2019. It was also a record-breaking year for the company, with $6.73 billion of revenue generated—a 4 percent jump compared to a year earlier.

“2019 marked a significant milestone in our multi-year journey as we successfully launched and ramped the strongest product portfolio in our 50-year history,” said Su.

AMD reports record quarterly and yearly revenue, Navi refresh and next-gen RDNA coming in 2020 1

In the company’s Computing and Graphics arm, Ryzen and Radeon products helped revenue jump 69 percent YoY to $4.7 billion. Quarterly revenue was also up, by 30 percent to $1.66 billion. Su said that AMD’s 7nm products and Ryzen Mobile processors droves sales, with the company recording its highest CPU sales in six years. Radeon RX 5000 sales, meanwhile, helped graphic unit shipments grow by a “double-digit” percentage YoY.

It wasn’t all good news. The company’s Enterprise, Embedded and Semi-Custom (EESC) segment brought in less revenue than analysts expected. While it did see increased sales of EPYC processors, there were “lower semi-custom sales” as fewer consumers bought consoles in anticipation for the next-gen machines’ arrival later this year. The $465 million of revenue brought in by the EESC arm during Q4 was down 11 percent QoQ, while the $2 billion it generated across 2019 was down 14 percent from a year earlier.

Additionally, the Q1 2020 outlook of $1.8 billion, while up 48 percent YoY, was softer than expected, contributing to the drop in the share price.

AMD reports record quarterly and yearly revenue, Navi refresh and next-gen RDNA coming in 2020 2

Su also confirmed that AMD will introduce the 7nm Navi refresh and its next-gen RDNA architecture this year. “In 2019 we launched our new architecture in GPUs, it’s the RDNA architecture, and that was [in] the Navi-based products. You should expect those will be refreshed in 2020 and we’ll have our new next-generation RDNA architecture that will be part of our 2020 lineup,” said the CEO.

Image credit: Joseph GTK via Shutterstock

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews

Crypto Scams

The Largest Crypto Scams Of 2022 (So Far)
The Largest Crypto Scams Of 2022 (So Far)
June 14, 2022
Scammers
How Do Scammers Entice Their Prey?
May 10, 2022
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
April 23, 2022
Prove
Joon Pak Head of Crypto at Prove talks to Us about Crypto Fraud And More
April 11, 2022
Mintable
Mintable CEO Zach Burks Talks to Us about the Opensea Stolen NFTs and Their Recovery
March 21, 2022

Automated trading with HaasBot Crypto Trading Bots

Blockchain/Cryptocurrency Questions and Answers

Russia
Roundtable Interview-What is the Effect of The Russia-Ukraine War on Cryptocurrency Prices?
March 4, 2022
GamStop
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
Cryptocurrency
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
Ethereum
The Unconventional Guide to Ethereum
October 28, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin21,050 0.31 % 0.33 % 2.82 %
Ethereum1,190.8 0.50 % 1.44 % 9.47 %
Tether1.001 0.04 % 0.13 % 0.01 %
USD Coin0.9989 0.16 % 0.08 % 0.04 %
BNB232.57 0.68 % 1.66 % 7.59 %
Binance USD1.002 0.24 % 0.04 % 0.09 %
XRP0.3566 0.02 % 1.17 % 10.63 %
Cardano0.9566 0.22 % 0.68 % 6.96 %
Solana40.02 0.32 % 0.76 % 29.62 %
Polkadot7.890 0.82 % 3.06 % 7.77 %

bitcoin
Bitcoin (BTC) $ 21,017.00
ethereum
Ethereum (ETH) $ 1,187.15
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 231.63
binance-usd
Binance USD (BUSD) $ 1.00
xrp
XRP (XRP) $ 0.356988
cardano
Cardano (ADA) $ 0.482414
solana
Solana (SOL) $ 40.06
polkadot
Polkadot (DOT) $ 7.85