AMD made a billion dollars more in Q4, and multiple billions in 2020
AMD is firing on all cylinders these days: it’s the guts of every modern PlayStation and Xbox, it has the desktop CPUs to beat, it’s nearly caught up to Nvidia in GPU performance (if not availability), and it’s about to challenge Intel in laptops as well — with its Ryzen 5000 mobile CPUs and RDNA 2 GPUs due later this year.
All of that can translate to eye-popping dollar signs: the chipmaker just announced its Q4 and full-year 2020 earnings, and it’s adding billions of dollars wherever you look:
- $3.2 billion in revenue this quarter, up 53 percent from $2.1 billion last quarter
- $1.78 billion in profit this quarter, up 948 percent from $170 million last quarter*
- $9.76 billion in revenue this past year, up 45 percent from $6.7 billion in…