Virus won’t affect AMD Q1 revenues

Author: EIS Release Date: Mar 16, 2020


AMD is sticking to its $1.8 billion revenue forecast for Q1.

“Our best visibility is that the impact in the first quarter will be modest,” says CEO Lisa Su (pictured).

Su is aiming for 20% sales CAGR over the next five years, with the big datacentre companies which design their own servers – the so-called hyperscalers – providing a large part of that growth.

Data centre accounts for 15% of  AMD’s revenues now and is expected to be 30% of revenues in five years.

Last year AMD revenues grew 50% to $6.7 billion.

Analysts expect 29% growth this year and 18% next.