Ryzen sales lead AMD earnings, despite issues with game optimization and mining

From PC World: Ryzen was the star of AMD's second-quarter earnings call Tuesday: The processors helped boost earnings 19 percent compared to a year ago. Company executives also had two messages for gamers: one, that game developers had largely completed their code optimizations for Ryzen, and two, that miners who hoarded graphics cards wouldn't be around forever.

Both messages should resonate with gamers, who have struggled to find available graphics cards because cryptocurrency speculators have snapped up the available supply. Meanwhile, those same gamers have had to wait while developers rewrote their code to take advantage of the new Ryzen chips.

Ryzen sales had a profound impact on second-quarter sales. AMD's Computing and Graphics segment revenue rose a whopping 59 percent year over year to $659 million. AMD's other segment, covering the enterprise and chips for game consoles, fell 5 percent to $563 million. Overall, AMD lost $16 million (or took in $19 million in profits, without charges) and reported $1.22 billion in revenue.

Next quarter, AMD predicts a whopping 23-percent sequential growth in revenue. "When we look at where we are, in the progression of the Ryzen rollout, we're still in the early innings," CEO Lisa Su said during the call.

While the numbers indicate that AMD is already seeing strong results from Ryzen sales, the two points Su addressed could affect gamers' hearts and minds as AMD moves forward with Ryzen. AMD still has to deliver, but it's heartening to see that the company's thought through some of the key issues affecting its customers.

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