{"id":12576,"date":"2021-08-02T15:18:39","date_gmt":"2021-08-02T15:18:39","guid":{"rendered":"https:\/\/www.safebettingsites.com\/?p=12576"},"modified":"2022-03-31T09:54:12","modified_gmt":"2022-03-31T09:54:12","slug":"amd-records-99-yoy-quarterly-revenue-increase-3-85b-in-q2-2021","status":"publish","type":"post","link":"https:\/\/www.safebettingsites.com\/2021\/08\/02\/amd-records-99-yoy-quarterly-revenue-increase-385b-in-q2-2021\/","title":{"rendered":"AMD Records 99% YoY Quarterly Revenue Increase – $3.85B in Q2 2021"},"content":{"rendered":"

American multinational semiconductor company, Advanced Micro Devices (AMD), recorded tremendous growth in the first half of 2021. According to data presented by Safe Betting Sites<\/a>, AMD\u2019s 2021 Q2 revenue experienced a 99% YoY increase from Q2 2020 – $3.85B.<\/p>\n

AMD Quarterly Revenue Almost Doubled in 12 Months<\/h2>\n

AMD went through an important restructuring in 2014 which turned fortunes around for the company who saw its influence dwindle in the years prior. Since then, AMD has become the world\u2019s second-largest producer of computer processors, trailing only one of its rivals, Intel. 2020 was a big year for AMD, benefitting from having the gaming industry as one of its main markets.<\/p>\n

In 2021 that momentum has clearly carried over evidenced by AMD\u2019s financial results from the first half of the year. AMD generated $3.85B in Q2 2021 – a 99% YoY from Q2 2020. The figure is also a 12% QoQ increase from the previous quarter\u2019s $3.45B revenue. AMD also registered impressive growth in its profitability as quarterly net income more than tripled to over $700M in Q2 2021 compared to just $157M from the previous year. Q2 2021\u2019s figure is also almost a 30% QoQ increase.<\/p>\n

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