The market for portable devices (mobile devices that we can carry including notebooks) continues to soar in spite of economic difficulties and general uncertainty. Although personal devices are not necessarily replacing the PC, they are outselling the PC. All of these devices have a graphics processor (GPU) integrated in the device’s system on a chip (SoC) application processor. Read more on our product page.
AMD continued its growth streak, reaching $5.9 billion in Q1’22, a YoY gain of almost 71%. However, gross margin (GAAP) fell 4% Q-Q, but was up 4.4% YoY. “The first quarter marked a significant inflection point in our journey to scale and transform AMD as we delivered record revenue and closed our strategic acquisition of Xilinx,” said AMD Chair and CEO Lisa Su.