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AMD CEO Believes GPU and Console Shortages will Continue Till H2 2021

AMD posted its Q4 earnings report yesterday, with the net revenue reaching $3.2 billion, a gain of 53% YoY, and beating analyst expectations once again. While the bulk of the earnings came from the Enterprise, Embedded, and Semi-Custom (Console) segment, the PC market also saw steady gains. The former brought in nearly $3 billion in revenue, an increase of 176% YoY while the latter saw a more moderate uplift of 17% to $420 million.

Now, of course, one of the key topics of discussion over the earnings call was with respect to the lack of supply in the gaming market. This includes graphics cards as well as the next-gen consoles. As per the AMD CEO, the production of the 7nm components is being ramped up and it’ll take at least till the third quarter of the year for the situation to improve. This falls in line with what the NVIDIA CFO said a while back.

In 2020, the PC market grew by a record 13% (highest in six years), with the bulk of the volume coming from the notebook market. AMD expects the momentum to continue through 2021, albeit with a more grounded growth of 5-7% YoY. The company also foresees a yearly revenue growth of 37% this year compared to 2020. That’s more or less in line with the 45% revenue increase last year. Once again, the bulk of the money should come from the sale of the new consoles and the higher-end Ryzen and Radeon processors, neither of which are presently in stock.

Areej

Computer Engineering dropout (3 years), writer, journalist, and amateur poet. I started my first technology blog, Techquila while in college to address my hardware passion. Although largely successful, it was a classic example of too many people trying out multiple different. Left late 2019 and been working on Hardware Times ever since.
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