AMD Gained CPU Market Share by Revenue for the 8th Consecutive Quarter, Radeon RX 6000 Sales Doubled YoY

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AMD reported another exceptional quarter (Q1 2022), with a 71% year-over-year increase, bringing its quarterly revenue to $5.887 billion. During the same period last year, the company recorded revenue of $3.850 billion. The customer and data center (+ semi-custom) businesses contributed equally to the record quarterly revenue. The former totaled $2.8 billion, thanks to strong sales of Ryzen CPUs/APUs and Radeon GPUs, marking annual and quarterly growth of 33% and 8%, respectively.

In enterprise, embedded and semi-custom segmentsAMD reported revenue of $2.5 billion, an increase of 88% over the previous year and 13% QoQ. Increased Epyc server shipments to hyperscalers and cloud providers, strong Xbox Series X/PS5 sales, and the new Steam Deck were the main drivers of record growth in this area.

According to the company’s CEO, Dr. Lisa Su, Epyc Milan server shipments more than doubled year-on-year while registering a double-digit increase over the prior quarter for the eighth consecutive time. Meanwhile, the consumer sector has flourished with rising sales of Ryzen and Radeon products. Dr. Su said the customer compute revenue grew by double digit percentages, driven by sales of high-end Ryzen mobile processors and Ryzen 7/9 SKUs. Overall, the chipmaker gained processors’ revenue share for the eighth consecutive quarter. Keep in mind this includes combined sales of Ryzen and Radeon products.

A look at the Steam hardware stats indicates intense competition in the CPU market between rivals Intel and AMD. At present, Team Red controls over 31.5% of the market, which is a six-month high. The two vendors have been trading blows since Intel launched its 12th-gen lineup, and I wouldn’t be surprised if this month’s win was reversed the next day.

The Radeon team also had a good run this quarter. According to official figures from AMD, revenue grew strong double-digits year-over-year, with record shipments of RX 6000 desktop GPUs. In fact, desktop graphics card sales doubled year-over-year. Laptop GPU sales are expected to improve in the coming months as adoption increases over time.

Steam’s dGPU Marketplace saw Radeon RX 6000 GPUs join the list of fastest growing GPUs for the first time. the Radeon RX 6600 XT was the third most purchased graphics card among Steam users in April, followed by the RX 6600 at #6 and the high-end RX 6900 XT at #7. 4th place.

Globally, AMD has managed to generate over 45% year-over-year revenue growth for seven consecutive quarters and has increased its net profit by over 60% year-over-year in the last ten quarters . You can learn more about the current CPU market trends in this article.

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