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AMD Q4 2020 results

AMD announced its Q4’20 revenue hit $3.24 billion, with an operating income of $570 million, and a net income of $1.78 billion. For the year 2020, the company reported revenue of $9.76 billion, operating income of $1.37 billion, and net income of $2.49 billion. “We significantly accelerated our business in 2020, delivering record annual revenue while expanding gross margin and ...

Jon Peddie

AMD announced its Q4’20 revenue hit $3.24 billion, with an operating income of $570 million, and a net income of $1.78 billion. For the year 2020, the company reported revenue of $9.76 billion, operating income of $1.37 billion, and net income of $2.49 billion. “We significantly accelerated our business in 2020, delivering record annual revenue while expanding gross margin and more than doubling net income from 2019,” said Dr. Lisa Su, AMD president and CEO. “Our 2021 financial outlook highlights the strength of our product portfolio and robust demand for high-performance computing across the PC, gaming and data center markets.
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