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AMD Financial Results. Company plans for the near and long term

AMD representatives presented a report on the company’s results for the past fiscal year, and also spoke about AMD’s immediate plans.

So, for the fiscal quarter ended for AMD on December 29, the company had sales of $ 686.4 million., which is 28% less than in the fourth quarter of 2021 and 35% more than in the previous quarter. The company’s net loss amounted to $ 854.7 million. or $ 2.49 per share. Excluding restructuring and other pending transactions, the company’s loss amounted to $ 235.1 million., or 68 cents per share.

The total annual turnover of the company for 2021 was $ 2.7 billion., decreased by 31% compared to 2021, while the total annual loss amounted to $ 1.3 billion., or $ 3.81 per share; net of restructuring costs and other one-time expenses, net loss in 2021 was $ 683.4 million., or $ 2.00 per share.

Sales of processors for the past quarter brought the company in the amount of $ 420 million., which is 60% more than $ 262 million., earned in the third quarter. AMD memory sales totaled $ 217 million for the quarter., which is 15% more than $ 189 million., earned in the third quarter.

I think the above figures are enough to finish the story about finances and move on to the company’s further plans, which AMD representatives told about at the quarterly press conference at the end of the year. Here is a selection of the most interesting messages from this event:

  • The company expects to receive the first serious dividends from the program of restructuring and reduction of production costs in the first quarter of 2021. Despite the fact that historically the sales of processors in the first quarter are always lower than in the fourth, the company expects similar sales or even slight growth in the current quarter
  • Since the process of transferring the production of processors to 0.13 micron norms has already been completed, in 2021 the company will focus on the transition to 90 nm production norms; in the fourth quarter, according to company representatives, a new technical process will be launched. The company plans to increase the annual productivity of the Dresden Fab 30 to 75 million. processors, which, according to experts, is more than enough to meet the demand for processors from AMD
  • The company has already launched 0.13-micron flash memory at Fab 25 in Austin and JV3 in Aizu-Wakamatsu, Japan
  • The Taiwanese company UMC is still listed as a potential AMD partner for the joint construction of a 300 mm factory in Singapore. Over the next few months, AMD intends to make the final decision on the choice of partner and the location of the new 300 mm factory. According to the latest data, such a factory may be operational by 2021
  • The volume of investments of the company in capital construction in 2021 is expected at the level of $ 650 million., which is $ 55 million. less than in 2021
  • Thanks to a recently signed technology agreement with IBM to develop a 65nm process technology, AMD will not invest in a 300mm silicon wafer pilot line
  • Opteron Processors Official Release Date Now Set For April. Mass shipments of these processors will begin in the second quarter. The exact date of the announcement of Athlon 64 processors is still unknown. The company does not expect significant sales growth due to the Hammer family of processors until the second half of 2021
  • The release of Athlon XP processors with Barton core (presumably rated 2500+, 2800+, 3000+) and 333 MHz FSB support is scheduled for early February, release of the version with 3000+ rating – at the end of February
  • The emergence of Hammers chips, made with the norms of 90 nm technical process, is expected in the fourth quarter of 2021, according to preliminary data, the crystal area of ​​these chips will be 64 sq. mm

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