Chip shortage: AMD makes a leap in growth

In the past quarter, the smaller Intel competitor increased sales by 54 percent year-on-year to 4.3 billion US dollars (3.7 billion euros). In terms of profit, there was even a jump from $ 390 to 923 million dollars, as AMD announced after the US market closed on Tuesday.

For the entire year, AMD is now anticipating a 65 percent increase in sales. In January the company had only forecast growth of 37 percent.

For AMD li ef did well in the chips business for game consoles, among other things, in the third quarter. Sales in the area rose by around 69 percent to 1.9 billion dollars. The division threw an operating profit of 542 million dollars – after 141 million a year earlier.

AMD’s business with processors and graphics chips for computers and servers in data centers grew by around 44 percent to about 2.4 billion dollars. It brought in an operating profit of $ 513 million, a good third more than in the same quarter last year.

Was in the corona pandemic With working and learning from home, the demand for notebooks and desktop computers as well as servers for data centers has risen sharply. That was a boon for the computer industry – but it also meant that some chips were very scarce. The automotive industry, in which several manufacturers had to suspend production, has been suffering from this for months.

But also the AMD competitor Intel was last Quarter slowed down by the lack of chips. While its own processors were in demand, manufacturers were able to build fewer notebooks due to the lack of other components. The sales of the Intel division, to which the business with PC chips belongs, fell in the past quarter by two percent. At $ 9.7 billion, however, it was still more than twice as high as the quarterly revenues of the entire AMD group. dpa