For operating income it's 25%, for net income it's 18%; not 5%.
Last four quarters operating income for AMD: $884 million
Last four quarters operating income for Nvidia: $3.5 billion
This speaks to the dramatic improvement in AMD's operating condition over the last several years. For contrast, in fiscal 2016 AMD's operating income was negative $382 million. Op income has increased by over 300% in just ~2 1/2 years. Increasingly AMD is no longer a profit lightweight.
AMD 2019 Revenue: $6.73b [1] NVIDIA 2019 Revenue: $11.72b [2]
Roughly half, as I said.
AMD 2019 Profit (as earnings per share): $0.30 [1] NVIDIA 2019 Profit (as earnings per share): $6.63 [2]
4.52%, rounds to 5%, as I said.
However, you still proved my point. Lightweight or not, they do not, and have not had the amount of money available compared to NVidia and Intel. It's growing, they'll be able to continue to invest, and they have an advantage in the CPU space that should last for another year or two, giving them a great influx of cash, and their focus on Zen 2 really paid off allowing them greater cash flow to focus on GPUs as well.
[1] https://ir.amd.com/news-events/press-releases/detail/930/amd... [2] https://nvidianews.nvidia.com/news/nvidia-announces-financia...
