AMD is finally having a good time in 2019, thanks mainly to the 7nm products launched last year, especially the next generation of Ryzen/Dragon processors with 7nm Zen2 architecture. AMD’s research and development team is the biggest credit for such achievements, with 900 million yuan in equity incentives to reward the research and development team last year, up nearly 50% year-on-year.
According to AMD’s 10-K filing, the company’s equity incentives totaled $197 million in 2019, up 44 percent from $137 million in 2018, with a reward of about $62 million for the sales team. The award for the research and development team was $129 million, or about 900 million yuan, almost twice as much as the sales department.
AMD didn’t specify which teams the $900 million reward went to, but the 7nm Zen2-related research and development team is clearly the focus of attention, with AMD’s performance last year featuring a new generation of Ryzen and Dragon processors built on the 7nm Zen2 architecture.
According to AMD’s recent earnings report, AMD’s total revenue for the full year 2019 was $6.73 billion, up 4% YoY, gross margin of 43%, up 5 percent YoY, and net profit of $341 million, up 1% YoY – earnings did not appear to be significantly higher. Not really, AMD is controlling profits, amd spent $1 billion last year just to pay off its debts, and now it’s net worth, with $1.5 billion in cash and equivalents.