AMD has announced its financial reports for the first quarter of 2022. The firm announced record revenues of $5.9 billion this quarter.
AMD announced its first quarter financial reports with the statement made in the past minutes. According to the AMD 2022 first quarter report statement, which focused on other products besides new graphics cards, processors, servers and mobile processors this period, a record revenue of 5.9 billion dollars was achieved. In particular, the company’s statement and figures, which intimidate its competitors with the AMD Ryzen 5800X3D processor model, are as follows;
AMD 2022 Q1 report announced
AMD announced revenue of $5.9 billion, gross margin of 48 percent, operating income of $951 million, operating margin of 16 percent and net income of $786 million for the first quarter of 2022. AMD’s net income was $786 million, compared to $555 million a year ago and $974 million in the prior quarter. The annual increase was mainly driven by higher operating income.
Excluding Xilinx, AMD posted record quarterly revenue of $5.3 billion, as AMD’s first-quarter 2022 results included partial quarterly financial results from the acquisition of Xilinx, which ended February 14, 2022.
AMD completes the largest acquisition in semiconductor industry history with the acquisition of Xilinx, creating the industry’s leading high-performance and adaptive computing company.
AMD Chairman and CEO Dr. Lisa Su said, “The first quarter marked a significant turning point in our journey to transform AMD as we generated record revenue and completed the strategic acquisition of Xilinx. Each of our businesses has had significant year-over-year growth, led by EPYC server processor revenue more than doubled for the third consecutive quarter. “Demand for our leadership products remains strong, thanks to our increased full-year guidance reflecting AMD’s higher organic growth and the addition of the growing Xilinx business.”