Revenue was higher year-over-year driven by a significant increase in Ryzen processor sales partially offset by lower graphics revenue.  Each server chip supports 8 channels of memory and 128 PCIe 3.0 lanes, of which 64 lanes from each are used for CPU-to-CPU communication through Infinity Fabric when installed in a dual-processor configuration.
AMD EPYC processor adoption continues to grow as data center customers harness our differentiated performance and features for cloud computing, high-performance computing (HPC), hyperconverged infrastructure (HCI), virtualization and more. Currently in-design with a planned launch by 2021, the Genoa lineup would bring a brand new set of features to the server landscape.
AMD will release Ryzen 4000, Ryzen Threadripper 4000 and Epyc Milan processors this year The most anticipated CPU among users is, of course, the Ryzen 4000 (codename Vermeer). © 2020 GlobeNewswire, Inc. All Rights Reserved. The AMD EPYC Genoa processors based on the Zen 4 core architecture were a mystery until AMD officially unveiled them in their latest roadmap during the EPYC Rome launch. Computing and Graphics segment revenue was $1.67 billion, up 31 percent year-over-year and 22 percent quarter-over-quarter. AMD says that EPYC Milan, the follow-on to the EPYC Rome chips, will arrive on time by the end of 2020. Such statements are subject to certain known and unknown risks and uncertainties, many of which are difficult to predict and generally beyond AMD's control, that could cause actual results and other future events to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements.
Epyc is a brand of x86-64 microprocessors designed and sold by AMD, based on the company's Zen microarchitecture. Given AMD’s recent 12-15 month cadence with the generations of EPYC, and the expected launch of Milan late this year, we would expect to see Genoa in early 2022… Investors are cautioned that the forward-looking statements in this press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. AMD has shown that unlike Zen 2 which has 16 MB of L3 cache per CCX within a CCD, Zen 3 would feature a shared cache (32 MB+) for each die.
It looks like the Zen 3 launch is going to bring even more momentum to AMD's CPU segment and the overall market share. First generation Epyc fell behind in database tasks compared to Intel's Xeon parts due to higher cache latency..
The year-over-year increase was primarily driven by EPYC.
It is also stated that new capabilities would be introduced on EPYC Genoa which sounds like a hint at the new PCIe 5.0 protocol which would double the bandwidth of PCIe 4.0, offering 128 Gbps link speeds across an x16 interface. In addition, the Company presents Adjusted EBITDA because it believes this measure assists investors in comparing its performance across reporting periods on a consistent basis by excluding items that the Company does not believe are indicative of its core operating performance.
AMD EPYC Genoa - 5nm Zen 4 Cores, SP5 Socket Platform, DDR5 Memory, PCIe 5.0 Protocol. On a non-GAAP* basis, operating income was $525 million, net income was $501 million and diluted earnings per share was $0.41.
The Company also presents free cash flow as a supplemental Non-GAAP measure of its performance. AMD has also provided adjusted EBITDA and free cash flow as supplemental non-GAAP measures of its performance.
SANTA CLARA, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced record revenue for the third quarter of 2020 of $2.80 billion, operating income of $449 million, net income of $390 million and diluted earnings per share of $0.32. The Company also included a loss contingency on legal matter in the nine months ended September 28, 2019. The following statements are forward-looking, and actual results could differ materially depending on market conditions and the factors set forth under “Cautionary Statement” below. The non-GAAP financial measures disclosed in this earnings press release should be viewed in addition to and not as a substitute for or superior to AMD’s reported results prepared in accordance with GAAP and should be read only in conjunction with AMD’s Consolidated Financial Statements prepared in accordance with GAAP. The Company calculates and presents Adjusted EBITDA because management believes it is of importance to investors and lenders in relation to its overall capital structure and its ability to borrow additional funds. Non-GAAP gross margin is expected to be approximately 45 percent, consistent with prior guidance.  It is noted to be a variant of the AMD EPYC, and is so similar that "there is little to no differentiation between the chips".
“Our business accelerated in the third quarter as strong demand for our PC, gaming and data center products drove record quarterly revenue,” said Dr. Lisa Su, AMD president and CEO. AMD now expects 2020 revenue to grow by approximately 41 percent compared to 2019, up from prior guidance of 32 percent.