At AMD’s quarterly event, company management simply stated that revenue from sales of Ryzen 7000 family processors had doubled compared to the previous quarter. However, the company decided to talk in more detail about the reasons for the growth in sales in the customer segment by 42% year-on-year only on the pages Form 10-Q, which was released this morning. Notably, it found that Ryzen shipments increased by more than 60%.
In this document, AMD explains in more detail what factors influenced the sales dynamics in the customer segment of the business, represented by Ryzen desktop and mobile chips, not only in the last quarter, but also in the last nine months since the beginning of the year. Even though October had already ended, I didn’t have time to delve into these statistics. Recall that AMD’s customer revenue grew 46% sequentially to $1.5 billion in the third quarter, with year-over-year growth reaching 42%.
New reports show that this revenue momentum was facilitated by a 62% increase in the number of Ryzen processors shipped in the third quarter compared to the same period last year, with the mobile segment being the main driver. The average selling price of Ryzen processors fell 10% in the comparable period, limiting sales growth to 42%.
In the first nine months of this year, AMD’s customer revenue fell 40% to $3.2 billion, reflecting weak PC demand in the first half of the year. Shipments of Ryzen processors also fell 27% in the nine months of this year compared to the same period last year, and the average selling price fell 19%. These indicators show that the demand situation in the PC market improved significantly in the third quarter, but the statistics of the first half of the year obviously spoiled the results of all three quarters of this year.
By the way, if we compare it with the dynamics of Intel’s sales in the market of client solutions, then with a general decrease from 8.1 to 7.9 billion US dollars, we can see an increase in sales of 2.3% to 4.5 billion US dollars -Dollars when broken down by segment determine the laptop segment. At the same time, the number of components supplied in the mobile segment increased by 8% during the reporting period, but this factor was offset by a 5% decrease in the average selling price. Intel attributes this to the growing popularity of cheaper processors, particularly in education.
In the desktop segment, Intel’s quarterly revenue fell about 14.6% to $2.8 billion. The number of desktop components shipped fell 19%, but the average selling price increased 6% as the share of more expensive models increased in the enterprise and gaming segments of the market. A similar picture in the desktop segment is generally typical for this company, considering the trend towards dominance of laptops that has been observed for several years in a row.
It turned out that in the third quarter, Intel increased the supply of mobile components by 8%, decreased desktop components by 19%, and AMD increased the supply of client processors by an average of 62%. AMD does not provide a breakdown by mobile and desktop segments, but notes in the comments that the main momentum came from solutions for laptops.