The revenues in the computing and graphics segment of AMD almost doubled as compared to a year ago, paving the way for even more growth as AMD’s mobile Ryzen chips start to take the field.

AMD has literally struggled to gain profits for most of the last decade or so. It reported a 114 million dollars hike in the net income to 81 million dollars during the initial calendar quarter of 2018. The company even posted a sizeable 40 percent hike in the revenue to 1.65 billion dollars. AMD also confidently forecasted revenues for the next quarter would be about 1.725 billion dollars that would represent a hike of another 50 percent.

AMD’s numbers depict the success of both the Vega-based GPUs and the company’s Ryzen, while the outlook reflects expectations for the recently announced Ryzen 2 notebook chips and CPUs. Lisa Su, the chief executive, told the analysts that the processor sales were “significantly better than seasonality.”  Su added, “We believe 2018 is shaping up to be an excellent year for AMD Ryzen, Radeon, and Epyc products.”

The financial stability is a good thing for the chief rival of Intel. The AMD watchers quietly have wondered for years if the company would have the resources or the products to continue competing. It currently seems like AMD does, and the chip maker clearly aims at toppling Intel from its lofty perch in the CPU world.

AMD essentially is becoming a Ryzen-driven company. Su said that around 60 percent of all the processor revenue is derived from the sales of Ryzen products, and the prices of the average desktop chip increased. In the meantime, the Enterprise, Embedded and Semi-Custom business (AMD’s Epyc server processor, plus the GPUs it ships into all of the big game consoles) have dropped by 12 percent to 532 million dollars.

Su said that the company was pleased with the reception for the second-gen Ryzen desktop chips, a 12nm part. She said, “That launch has gone really well.” She added, “We’re very happy with the positioning and how customers are responding to that.”

Next, the attention is turning on to mobile, a bigger market than the desktop. AMD made the announcement of the Ryzen 5 2500U and the Ryzen 7 2700U mobile chips in the last October, for three PCs including the Acer Swift 3, the Lenovo IdeaPad 720S, and the HP Envy x360, without actually saying when the laptops would launch. Su said that some shipments of the Ryzen Mobile platform started this past quarter, but the hardware partners were preparing for their big push during the present second quarter. The shipments of the Ryzen Mobile chips into the commercial space are also expected to begin. Overall, AMD expects over 25 consumer and commercial notebooks using Ryzen would ship.

Su said, “What you’re going to see in the second quarter is a number of impressive premium consumer designs, thin and light designs, that are more representative of the strength of the product, and we will also see the first launch of the commercial systems from the top OEMs.” Further, she added, “The expectation is that the commercial notebooks will kick in the second half of the year, and Q2 is more of a consumer cycle.” Su said, “Overall, I think we’re seeing that the notebook opportunity is a good one.”