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AMD Reports Q1 2020 Earnings: CPU Sales Fuel Big Gains


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For the first quarter of 2020, AMD reported $1.79B in revenue, a staggering 40% jump over the same quarter a year ago. Their best first quarter in almost 10 years saw all of AMD’s metrics improve; along with that revenue AMD’s net income jumped by $146M (over 900%) to $162M, coming in just behind a seasonally strong Q4. Meanwhile gross margins are up as well, with AMD hitting 46%, improving on Q4 and leaping 5 points higher than the year-ago quarter.

 

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Hopefully this means they can dump a bunch of money into GPUs. I want GPU competition again, I didn't really like spending £450 on a mid-range GPU over a year ago.

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