AMDs net income nearly tripled in 2021.

AMD yesterday published their earnings report for the fourth quarter of the year, completing the year's data and demonstrating a significant Ryze (pardon the pun) over the 2020 numbers.

AMD reported revenue of 4.8 billion dollars in the fourth quarter of 2021, up 49 percent from the same period in 2020 and 12 percent from the prior quarter. Profits were $974 million, compared to $1.8 billion in the same time previous year, but these included a $1.3 billion tax credit, so revenues nearly doubled. AMD revenue were $16.4 billion in 2021, increasing 68 percent from 2020. Net profit was $3.2 billion in 2018 compared to $2.5 billion in 2020, which included $1.3 billion in tax credits, thus in reality stated income was 1.2 billion dollars, representing a 166 percent year-over-year increase.

While AMD did not share the annual revenue breakdown between these categories, it did disclose the quarterly revenue split. The Computing and Graphics sector, which includes AMD Ryzen processors and Radeon RX graphics cards, generated $2.6 billion in revenue and $566 million in net profit, up from $420 million in the prior year quarter. Exactly one year ago.

The Business, Embedded, and Semi-Custom division, which includes the EPYC processors and graphics cards for AI, the new chips for Tesla, and the chips for the latest Playstation and Xbox, among other products, had lower revenues than the previous year, reaching 2.2 billion dollars, but higher net profits, reaching 762 million dollars, up from 242 million in the same period last year, a strong increase of more than threefold.

AMD projects that these statistics will continue to rise even higher until 2022, indicating that the red company's future is more than bright. Everything indicates that demand will continue strong, and that sales will climb even further once Zen 4 CPUs and RDNA3 GPUs become available, implying another banner year for the reds.