Jul 28, 2021 12:15:00

AMD announces second quarter 2021 financial results, sales double year-on-year & global semiconductor shortage will improve in 2022

AMD, a major semiconductor manufacturer, announced its financial results for the second quarter of 2021 (April to June) on July 27, 2021 local time. Overall sales were $ 3.85 billion, higher than analysts expected, up 99% year-on-year.

AMD Reports Second Quarter 2021 Financial Results :: Advanced Micro Devices, Inc. (AMD)
https://ir.amd.com/news-events/press-releases/detail/1014/amd-reports-second-quarter-2021-financial-results

AMD Q2'21 Financial Results Slides --AMD Q2'21 Financial Results Slides.pdf
(PDF file) https://d1io3yog0oux5.cloudfront.net/_30f5ada49786953e0d93203550c61bd0/amd/db/778/6647/file/AMD+Q2%2721+Financial+Results+Slides.pdf

AMD CEO: Processor shipments will grow despite chip shortage and improve more in 2022 | VentureBeat
https://venturebeat.com/2021/07/27/amd-ceo-processor-shipments-will-grow-despite-chip-shortage-and-improve-more-in-2022/

Hey Intel, AMD's CEO is also ready to'fight for every socket,' while producing strong growth --MarketWatch
https://www.marketwatch.com/story/amd-stock-rises-as-data-center-gaming-segment-sales-nearly-triple-11627417746

AMD's second quarter 2021 financial results show sales of $ 3.85 billion, gross profit of $ 1.83 billion (approximately ¥ 2010 billion), and a gross profit margin of 48%. In addition, net income based on US GAAP was $ 710 million, and earnings per share was 58 cents.

Sales for the year-ago quarter were $ 1,923 million, an increase of 99% year-on-year.

This is a graph of quarterly sales. In the first quarter of 2021, sales were $ 3.445 billion, a 12% year-on-year growth.

This is a quarterly graph showing earnings per share based on GAAP. Profit per share in the second quarter of 2020 was 13 cents (about 15 yen), and profit per share in the second quarter of 2021 increased by 45 cents (about 50 yen). AMD

CEO Lisa Su said in a statement, '(AMD products) are in strong demand in all business areas and we are growing significantly faster than the market. With strong execution capabilities and increased customer demand for our state-of-the-art products, we expect annual sales in 2021 to increase by 60% year-on-year. '

In addition, this is a table showing Net Revenue (sales) and Operating Income (operating income) by department in the second quarter of 2021. In the Computing and Graphics division, sales were $ 2.25 billion, up 65% year-on-year, and operating profit was up 163%. doing. In addition, sales in the 'Enterprise, Embedded and Semi-Custom' division were 1.6 billion dollars (about 175.8 billion yen), an increase of 183% year-on-year, and operating income was 1106%. Has increased.

The 'enterprise, embedded and semi-custom' division includes semiconductors for data centers and game consoles, with more than $ 770 million of $ 1.6 billion in revenue from data center products. .. 'We believe that the data center business will continue to be a strong driver in the second half of 2021,' Sue told analysts. In the second half of 2021, it will account for an even greater share of overall sales. '.

AMD's data center processor EPYC introduced the third-generation EPYC 7003 series in March 2021. The 3rd generation Epyc processor seems to be popular among cloud customers, and it is expected to exceed the number of 2nd generation Epyc processors shipped in the latter half of 2021. CEO Sue claims that EPYC has won in a wide range of areas, from data center computers to supercomputers, with more than 100 large customers ordering EPYC-based designs.

In addition, while the global semiconductor shortage is being called for due to the pandemic of the new coronavirus infection (COVID-19), AMD is working to solve the semiconductor shortage, and in the second quarter of 2021 Sue commented that progress had been made in securing additional resources. He said that the production capacity will continue to improve and the overall semiconductor shortage situation will improve by the end of 2022.