Computing & Graphics segment revenues grew from $1.8 billion in 2015 to $4.1 billion in 2018, and it could grow to $5.8 billion by 20201, led by its Ryzen and Radeon product lines.
AMD has been gaining share from Intel in processors market. AMD's share fell from 23% in 2014 to 18% in 2016, but it has been on a rise since then to 23% in 2018. In fact, if we look at Q3 2019 numbers, AMD's share stands at 32%.
This can be attributed to shortage of Intel chips in the recent past, which aided AMD growth as OEMS shifted to AMD processors. Also, AMD's new product offerings were efficient at a lower price point.
Having said that, 2019 will likely end with slower growth for the company, amid trade tensions, and a slowing Chinese economy. Note China is the largest market for AMD products.
Looking at Enterprise, Embedded And Semi-Custom segment, revenue grew from $2.2 billion in 2015 to $2.4 billion in 2018, and they could grow to north of $3.0 billion by 2021. This can be attributed to the company's EPYC processors, which refers to x86 microprocessors based on Zen microarchitecture targeted for server markets. EPYC processors have been gaining demand of late, due to its high performance, at a relatively lower price point from its competitors.
