AMD reports all-time high revenue for 2020, reports 45% annual growth

AMD posts record revenue of $9.76 billion, up by a huge 45% over 2019 -- cash flow is up 117% year-over-year. AMD hits Zen moment.

@anthony256

Published Jan 27, 2021 7:24 PM CST
Updated Mar 3, 2021 5:35 AM CST

46 seconds read time

AMD had a phenomenal 2020 with the unleashing of the next-gen Zen 3 and RDNA 2 architectures for the PC in Ryzen 5000 series CPUs and Radeon RX 6000 series GPUs -- but that wasn't all.

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The company powered the next-gen Sony PlayStation 5 and Microsoft Xbox Series X/S consoles with semi-custom designs made by AMD, packed servers and supercomputers with Zen-powered EPYC processors, and so much more. It should come as no surprise that AMD has posted a new all-time high revenue for FY 2020.

AMD commands 23% of the discrete GPU market against NVIDIA, while record yearly revenues were posted of $9.76 billion, which is up 45% from 2019. AMD has an operating cash flow of $1.07 billion, which is up 117% year-over-year while Team Red also has record free cash flow of $777 million, which is up an astonishing 182% year-over-year.

AMD reports all-time high revenue for 2020, reports 45% annual growth 06

Read more: AMD acquires Xilinx on eve of Big Navi reveal in a huge $35 billion

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NEWS SOURCE:wccftech.com

Anthony Garreffa

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.