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AMD recently released a fresh financial report and while they have strong growth year-over-year, things are looking a bit more tough overall.

Powered ever forwards by their newer Ryzen processors and Radeon GPUs, AMD are still enjoying quite a bit of growth overall. They've hit $1.79 billion, a 40% year-over-year revenue growth. However, quarter-over-quarter revenue was down a big 16%.

They didn't mention any specific reason in the actual report but during the conference call on April 28, their Chief Financial Officer did mention it directly. Their CFO also mentioned they're likely to see weaker demand in the second half of this year too but they're still expecting annual revenue growth around 25% "plus or minus 5 percentage points".

AMD's President and Chief Executive Officer, Lisa Su, also mentioned during their conference earnings call that the Ryzen 3000 and Ryzen 2000 processor families have been taking "more than 50% share of premium processor sales" so we can expect to see their market share rise.

"We executed well in the first quarter, navigating the challenging environment to deliver 40 percent year-over-year revenue growth and significant gross margin expansion driven by our Ryzen and EPYC processors," said Dr. Lisa Su, AMD president and CEO. "While we expect some uncertainty in the near-term demand environment, our financial foundation is solid and our strong product portfolio positions us well across a diverse set of resilient end markets. We remain focused on strong business execution while ensuring the safety of our employees and supporting our customers, partners and communities. Our strategy and long-term growth plans are unchanged."

As for what's to come next, during the call they did bring up their upcoming launches. While the next-generation consoles were mentioned, more excitingly for us PC gamers are their CPUs and GPUs. Their RDNA 2 GPUs are on track for late this year, with a claim of a "50% performance per watt increase" over their current graphics tech. We also know RDNA 2 will be the first AMD GPU generation to support real-time Ray Tracing, so they will be catching up to NVIDIA there.

On the CPU side, they said their hotly anticipated next-gen Zen 3 CPUs are also on target for late 2020. Plus, they're also still expecting somewhere around 135 Ryzen-powered notebooks to release across this year from various different vendors.

You can see the report here. You can also listen to the actual Earnings Call here too.

If you missed it, AMD also recently announced the Ryzen 3 3100 and Ryzen 3 3300X budget processors and a new B550 chipset.

With all this happening, it continues to be a very fun time to be a PC hardware enthusiast. Are you waiting on AMD's next-gen stuff for an upgrade? Or have you already jumped into the current latest? Let us know your thoughts in the comments.

Article taken from GamingOnLinux.com.
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9 comments

Drakker Apr 29, 2020
I bought a B450 with a 2400G a while ago. The Vega 11 GPU was impressive, I could even play older games like Borderlands 2 and the Pre-Sequel at 3440x1440 smoothly. The only drawback was that stability with the iGPU seemed to be pure luck. Some updates it was fine, then a week after a new update would come out and it crashed all the time, then next update it was fine again, etc etc etc. I got tired of it and picked up a 1660 Ti for really cheap during the last black Friday. But it seems like stability with their latest GPUs are way better, so if RNDA2 really has that 50% power efficiency improvement, I'll probably ditch the 1660 Ti. But I have to say, like all NVidia GPUs I used in the past, the 1660 Ti so far has been rock solid and works incredibly well.
Lolo01 Apr 29, 2020
I'm waiting for the next generation gpu, hoping for a price drop on the 5600XT.
I wouldn't say no to a replacement for my R7 1700 and my B350 motherboard. But that will be for another year.
Shmerl Apr 29, 2020
Upgrade from Navi to Navi 2 (i.e. RDNA 2) would be good. As long as AMD will put more effort into fixing driver bugs faster.
fabertawe Apr 29, 2020
I'm getting really close to a CPU/MB upgrade from my i7 4790k. What to get though? :D Really tired of Intel's nonsense. I'll be sticking with my GTX970 for the foreseeable future though. I would certainly jump on an AMD GPU if it suited me but very happy with nVidia right now.
pete910 Apr 29, 2020
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Quoting: ShmerlUpgrade from Navi to Navi 2 (i.e. RDNA 2) would be good. As long as AMD will put more effort into fixing driver bugs faster.

To be honest the oss drivers ain't under their control. No clue what the prop drivers like.


If it's that bad why not go Nvidia !


Not had issues myself personally.
Shmerl Apr 29, 2020
Quoting: pete910If it's that bad why not go Nvidia !
Nvidia is completely unacceptable. I don't even want to touch their blobs. It's basically DOA for any modern Linux desktop (Wayland migration and all).

Quoting: pete910To be honest the oss drivers ain't under their control.
AMD drivers are under their control. They are the primary contributors. The only component they aren't developing is radv and ironically, it's also the best in bug fixes speed.

Quoting: pete910Not had issues myself personally.
Navi experience was pretty rough until lately, and even now it's still not completely perfect due to remaining bugs.


Last edited by Shmerl on 29 April 2020 at 8:40 pm UTC
pete910 Apr 29, 2020
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Just a point, "contributors" does not mean Control.

Navi was rough on windows too, feels like it wasn't ready for release full stop to me .

Any luck RDNA2 will be in shape, Time will tell.
Shmerl Apr 29, 2020
Quoting: pete910Just a point, "contributors" does not mean Control.
Well, working on bug fixes is surely under their control.


Last edited by Shmerl on 29 April 2020 at 9:05 pm UTC
pete910 Apr 30, 2020
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Quoting: Shmerl
Quoting: pete910Just a point, "contributors" does not mean Control.
Well, working on bug fixes is surely under their control.

About as much as anyone else working on bug fixes.
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