Browsing: financials

AMD reports FY 2022 annual financials with the company recording $23.6 billion, up 44% YoY. Driven by strong sales of EPYC CPUs, AMD’s Data Center business sees 42% YoY increase with revenue at $1.7 billion. Client segment is down 50% along with gaming at 7%. AMD expects client and gaming segments to decline further in Q1 of FY 2023.

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Intel records it largest loss in years with the company reporting total FY2022 revenue at $63.1 billion down 20% from FY2021 at $79 billion. Despite that, Intel Foundry Services records 30% QoQ gain and 14% YoY for their new fab venture. Intel graphics Division AXG gains 8% YoY with Intel Arc now formally launched with CCG and Data Center business both recording 23% and 15% losses in their BUs respectively

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