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

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.

AMD reports all-time high revenue for 2020, reports 45% annual growth 074 | TweakTown.com
VIEW GALLERY - 2 IMAGES

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 | TweakTown.com
Buy at Amazon

AMD Ryzen 9 5900X 12-core, 24-Thread Unlocked Desktop Processor (AMD Ryzen 9 5900X)

TodayYesterday7 days ago30 days ago
$882.98$819.99$875.00
* Prices last scanned on 3/5/2021 at 2:51 am CST - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.
NEWS SOURCE:wccftech.com

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.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles