Ryzen CPUs Raised AMD’s Proceeds Up to $984 Mln

Lately Advanced Micro Devices has unveiled its financial results report for the present year’s first quarter. The Ryzen processors release let the vendor raise its proceeds figure up to $984 mln, which surpasses the previous year’s corresponding sum by 18%. Simultaneously, the manufacturer’s net loss ratio has decreased from $109 mln in Q1 2016 to $73 mln at present.

The Computing and Graphics subdivision, being responsible for processors and graphics solutions retail, made the company richer by $593 mln. Comparing to the relevant period last year, profit of this business has got bigger by 29%, which is mostly due to high level of desktop processors and discrete graphics cards sales.

Semicustom SoC products realization brought the company $391 mln of gain and $9 mln of operating earnings. The vendor marks, that expenses for specialties design enlarged, so we are to expect the announce of novelties (namely Zen architecture based server processors) in the second half of the year.

Speaking about plans for the future, AMD claims its intention to obtain about 1.15 bln next quarter.