After Intel’s weak data for the first three months of the year at the end of last week with year-over-year sales decline, the focus in the middle of the first week of May was on AMD: and they delivered.
As usual at AMD, expectations weren’t small: over 45% more sales than a year ago should be the $ 5 billion mark to break. And the profit should also increase, preferably doubled. And AMD did not disappoint, quite the opposite.
AMD once again very strong
US $ 5.9 billion in sales and therefore 71 percent more than a year ago exceeds even the wildest expectations. Profits also increased, but not as much as hoped, to just $ 786 million. Both figures include a stake in Xilinx for the first time, without which sales would have been around US $ 5.3 billion. But this acquisition, as well as the next one planned by Pensando, will hit profits in the short term.
And it is precisely the professional segments that will take the scepter in AMD. The division around professional solutions from AMD Epyc and Instinct, as well as custom chips for game consoles, continues to grow faster and Xilinx will always be added from now on.
As Xilinx is no longer booked for just six weeks in the second quarter but for the full 13-week period for AMD and further business will also not weaken, AMD expects a further increase in second quarter sales to around 6.5 Billions of US dollars. Thanks to Xilinx and the strong prospects of the professional division, the full-year outlook has now increased to $ 26.3 billion in sales, up from $ 21.3 billion three months ago.
AMD: Sales and profits from the fourth quarter of 2003
Intel Q1: Maue’s data sold as positive
As expected, Intel pointed to the positive in the quarterly report for the first three months, but in the end it was above expectations set in advance. But they were far from high, which is why in the end sales are still 7% lower than a year ago. Now, however, the NAND division is missing, but even without it there would have been a decline in sales.
The consumer division in particular has collapsed with less than 13 percent, there are no more Apple modems and the low demand in the OEM business has left its mark, which despite an average price higher than 25 percent for all products in the area. was not fully compensated. It is once again interesting how important the notebook business is for Intel, where sales are more than double that of the desktop CPU business. In detail, it also becomes clear here that the price increases are mainly found in mobile CPUs, an average of 32 percent in notebooks.
Notebook sales were $ 6.0 billion, down $ 997 million from the first quarter of 2021. Notebook unit sales fell 35% due to lower demand in the consumer and market segments. of education following a supply chain inventory digestion cycle compared to the highs caused by COVID in Q1 2021, partially offset by a 32% increase in ASPs due to a greater mix of commercial products and consumption and a lower mix of education.
Desktop revenue was $ 2.6 billion, down $ 130 million from the first quarter of 2021. Desktop unit sales fell 11% due to lower demand in the consumer and market segments. education, partially offset by a 7% rise in ASPs, driven by the commercial recovery from COVID-19.
The fact that the net profit is so good at over US $ 8.1 billion is due to a one-time payment related to the liquidation of the McAfee division, which poured an additional US $ 4.6 billion into Intel’s coffers.
Intel: sales and profits from the first quarter of 2003
For the current quarter, Intel still does not see a real recovery, similar sales of US $ 18 billion are expected.