It is reasonable to expect more in depth analysis from Josh about AMD's earnings this quarter but the news is too good not to briefly mention immediately. AMD brought in $1.027 billion in revenue this quarter, a cool $68.7 million higher than expected, mostly thanks to console sales as these numbers do not include the new Polaris cards which are just being released. This is very good news for everyone, having $69 million in profit will give AMD a bit of breathing room until Polaris can start selling and Zen arrives next year. It also gives investors a boost of confidence in this beleaguered company, something that has not happened for quite a while. Drop by The Register for more numbers and a link to the slides from the AMD financial meeting from yesterday.
"AMD's share price is up more than seven per cent in after-hours trading to $5.60 at time of writing. That's agonizingly close to the magic six-buck mark for the troubled semiconductor giant that this time last year was struggling to look viable."
Here is some more Tech News from around the web:
- The cloud ain't making it rain for Intel right now: Tech giants pause server chip sales @ The Register
- MSI becomes the largest gaming notebook vendor worldwide, says paper @ DigiTimes
- All you need for quantum computing at room temperature is some mothballs @ The Register
- Stagefright-like flaw opens up iPhones and Macs to iMessage hack @ The Inquirer
- Nvidia is mildly excited about its 11 teraflop Titan X GPU and is very calm @ The Inquirer
- Sony Is the Only Remaining Obstacle To PS4-Xbox Cross-Play @ Slashdot
- Spotify Is Now Selling Your Information To Advertisers @ Slashdot
However, im team Green and
However, im team Green and intel (won’t be going red anytime soon). Im happy for AMD, if we didn’t have AMD then nvidia and intel could charge what ever they liked and it would slow their R&D…
Excellent news for those of
Excellent news for those of us looking for more competition in the PC hardware market. Hopefully Zen will bring something those of us that roll our own PCs can get excited about.
I fully expect the Radeon Technology Group to release hardware competitive with Nvidia’s top-end solutions in the next year. The RX 480 is just the beginning.
This is good news. We need a
This is good news. We need a competitor in the CPU/GPU market.
This! why Nvid is throwing,
This! why Nvid is throwing, vomiting up the new Titan card. Team Green is very scared. Tring to counter Team Red .. thing is. Team red has only put out the mid to low end cards. Why U so scared team green. Oh, has you heard the word.. peoples are very pissed off at your bs pricing schemes. Makes your fasts monies while you can. ‘lil bird say all mfgrs are looking to put AMD inside laps..who and how many are going to be buying a Titan BS vs 3.0. not many. and oh yea..we haven’t seen the new pro line cards from AMD yet. I see, and smell fear from nvid. By god I think the game is afoot Watson. Competition has some running afoul.
I’m clasping my hands together on my knees praying that Zen will bust intel in their colective asses too. cause 1700$ Gimped chips to PC lovers is a thing I call RAPE! my opine.
Problem is , if they were
Problem is , if they were truly scared then the prices wouldn’t be so high.
I think its more a matter they have it ready, there no reason to not release a ultra highend, does no good if it just sits there waiting for other side.
Nvidia’s GP100 accelorator
Nvidia’s GP100 accelorator SKUs are too damn expensive compared to even Intel’s Xeon Phi SKUs so JHH needs of fix his Need for the Green. That $1200.00 Titan is definitely priced lower than $2000.00 or $3000.00 for some eariler Nvidia SKUs. But the GP100 based SKUs are sky high even in by HPC/Server/workstation pricing standards, and Intel is getting more Xeon Phi business.
I’d say those chips, and most
I’d say those chips, and most likely the whole lineup, have been ready for quite awhile. It’s all about the timing of releases to generate most money. Makes sense to release some new GPUs at beginnign of summer and then trickle them out all the way through end of year holiday shopping season.
But Nvidia announced it now? interesting indeed. Here’s a theory for you, remember those rumors awhile back about Vega getting released way ahead of schedule release date? What if Nvidia found out that those rumors are actually true and hence, the much sooner than expected announcement and release of pascal Titan.
1.027 billions. +15% next
1.027 billions. +15% next quarter. That’s the good news.
The bad news is that they needed those 150 millions (minus the taxes) to show profitability. Let’s hope that the RX470 and RX460 will help then for the next quarter and Zen will be enough to bring them back to the CPU arena.
Increasing revenues is what
Increasing revenues is what pays the bills: for the loans, the R&D, and the paychecks/other expenses. Now for the market share numbers and unit sales. Zen is going to be much bigger than the GPUs for AMD’s cash coffers, provided that AMD can get plenty of new HPC/Server business. At first AMD will be making only Zen CPU based server/HPC SKUs but the really important new SKUs for the Server/HPC/workstation market will be the APUs on an interposer designs that will pair a Zen cores die with a big Greenland/Vega GPU accelerator die and some HBM2 die stacks.
This will be one big Server/HPC/workstation Zen, Greenland/Vega GPU, and HBM2 stacks mash-up on an interposer is a design that will provide for plenty of Zen die to GPU accelerator die raw effective bandwidth, in addition to the HBM2’s already massive amounts of raw effective bandwidth. And with the high raw effective bandwidth being more the result of very wide parallel connection traces than any very fast connection fabric clock speeds, the power savings per gigabyte of effective bandwidth will be the one of the best metrics coming from AMD’s APU on an interposer designs for the server/HPC/workstation markets. Having a Big GPU accelerator die on the same interposer package as the Zen/Cores die, and the HBM2 die stacks with the very wide connection fabrics etched out on the silicon interpsoer’s substrate is going to offer a very power efficient way forward for many HPC/Server/workstation uses where power usage is a big part of the overall expense for the server farms the use 10’s of thousands of processors.
If the Zen cores have anywhere near the IPC metrics of Intel’s Broadwell SKUs then AMD’s much more affordable pricing will make up the difference. And added to the more competitive pricing will be AMD’s GPU accelerator IP in its Greenland/Vega GPUs that will make for a very powerful computational processing system in the form of AMD APUs on an interposer designs for the Server/Workstation/HPC markets. Intel lacks the GPU IP to compete with Nvidia for the GPU accelerator market the way AMD will be able to.
Nvidia if it does not lower its P100 based pro HPC/server/workstation SKU pricing will continue to loose sales to Intel’s Xeon Pi SKUs that are priced lower! And AMD needs to get back into that marke by getting its latest GPU micro-architectures Polaris/Vega into some of AMD’s FirePro SKUs for that market. AMD already has some FirePro hardware technology in its non Polaris/Vega SKUs that enable them to be fully hardware virturalized and shared across multiple separate applications that can make use of the virtual GPU slices on AMD FirePro GPU cards. So getting the new Polaris/Vega GPU micro-architectures into the FirePro line of SKUs with that GPU virtualization IP will give AMD some very nicely competitive pro GPU accelerators to compete with Nvidia for the HPC/Workstation/server markets.
Wouldn’t you need to have
Wouldn’t you need to have actually made money in the last decade to have a coffer
In a couple years, when
In a couple years, when you’re old enough, and you get your first real job with a real paycheck (and not your allowance), you’ll find out.
Profits do not pay the bills!
Profits do not pay the bills! Profits are what a business has remaining after the business pays the bills. So in Business in order to for it to stay in business it is necessary to have enough revenues to pay the bills and keep the business going. Any business that is in AMD’s current state needs to be plowing any profits back into R&D and maintaining its debt payments, AMD is still making some smaller agreed upon debt payments that AMD has negotiated with its lenders. Net losses should be avoided as a rule as that drains the cash on hand, but any net profits need to be reinvested in R&D and gaining market share. Some net losses are a necessary cost as long as it produces some net revenue increases to counter any future net losses that will eventually drain any cash reserves.
So AMD is not in need of any sizable profits as of yet concerning its business plan to get enough revenue, and revenue growth especially, to pay the bills and stay in business. And that is revenue growth through increasing it’s market share in the areas that AMD has potential! Only the short term thinkers and short term profit seekers are interested in profits at this stage in AMD’s turnaround!
AMD is and will be better served doing what it is currently doing by investing in its R&D and the future marketability of its Zen and newer Zen based CPU/APU product offerings, as AMD has done to get it’s Polaris SKUs to market and producing revenues. AMD needs more market share in the consumer marketplace, and more market share in the more revenue enhanced Server/HPC accelerator business for its GPUs, and Zen based server/HPC/workstation SKUs of both the Zen cores only types of systems and the Zen/Greenland/Vega types of APU on an interposer module types of server/HPC/Workstation systems.
Net profits are not needed as it is more net revenues that pay the bills. Any Net profits are taxed, and AMD would be better served at this time not having any Tax liabilities when there needs to be more investment in R&D and getting its new products to market. Let any value be made for AMD’s investors be in the form of increased share prices, but keep the profit motive for such a time when AMD is over its current situation and has met its 2019-2020 debt obligations. AMD is just now seeing the rewards of its investments in R&D and the new products like Zen/Polaris will bring over the next 6 business quarters. AMD needs long term investors and long term thinkers, and any short sighted investors and thinkers need to be shown the door, and encouraged to exit at a good speed.
AMD’s semi-custom business unit is producing well, and AMD really needs to reenter the server market with its Zen/Greenland/Vega CPU/GPU/APU Server/HPC/Workstation offerings scheduled to launch in Q1 of 2017. AMD’s Zen Consumer Variants will be available in small quantities in late 2016, with full availability beginning in 2017 as AMD Has always been stating.
Some posters on this site and other similar sites need to learn what actually pays the bills to STAY in business, and what remains after the bills/liabilities for the quarter are paid(Profits). A company that is in turnaround mode needs to be investing in its new products and increasing its revenues and not worrying about showing a profit at this stage of the turnaround. Net profits need to be as little as possible with any profits reinvested in getting more revenues and market share. With increased market share comes the increased revenues that will allow AMD to live to compete in its intended markets. The Overall PC market place is mature, so market share is what is needed to stay alive for any of the CPU/SOC/APU and GPU/other processor makers.
That graph’s x and y axis are
That graph’s x and y axis are quite deceptive.
If they put a 6 months graph
If they put a 6 months graph from 0 to 6 in the y axis, it will look much more impressive than this one.
RX 460 will be the new
RX 460 will be the new biggest seller, but I wonder at the price they are claiming how high the mark up is. Intel is always trying for 60% profit, to compete amd normaly trys for 5%
As a point of reference,
As a point of reference, there is no difference between the RX 470 4GB and the RX 480 4GB, beside that the 470 is a binned polaris 10.
Price difference $50 just on the same piece of silicon.
From from I can tell the RX 480 might be the most profitable chip they sold in the longest time (since the boom the opterons)
Only about +1800% more to go
Only about +1800% more to go and my AMD stock will be back where it was when I bought it to play around with on an etrade account years and years ago…
I bought a small chunk a few
I bought a small chunk a few months back at a little under 2 dollars a share. So I’m happy its already doubled.
5.85 * 1800% is $105 , AMD
5.85 * 1800% is $105 , AMD was never over $100 ?
AMD can double in price, but anything beyond that would require a entirely new management team.
Why a new management team,
Why a new management team, when the current one is doing the turnaround job fine. What AMD needs now are more revenues and market share. With 2 Polaris 10 SKUs on the market and one Polaris 11 with some mobile Polaris GPU variants on the way it’s a start. Zen is coming this year, but the full production availability will have to wait for the first quarter of 2017. For 2017 there will be the Zen/Polaris APU options for laptops that may not need any discrete GPU, if AMD can get more Polaris CUs in their APU based laptop APU variants.
There will be even more game titles shifting over from using DX11/OpenGL to DX12/Vulkan and being more optimized to take advantage of AMD’s hardware async-compute GCN GPUs. AMD will be able to double in stock price once the revenue outlook continues to improve, and what extra revenues that AMD currently gets AMD needs to invest back into more R&D to keep the new products coming. Any profits need to be steered towards the new and better products that can win more market share. The Consumer PC market is shrinking/stagnent but the Consumer VR gaming market is just getting on its new legs, and AMD needs to focus on the real revenue enhancer the Server/HPC/workstation markets, in addition to the getting more market share in the consumer markets.
Zen does not have to best Intel’s latest and greatest on any server SKUs! Zen only needs to get in the Broadwell IPC metric ball park and allow AMD to win on the price/performance front, and that AMD GPU accelerator value added compute accelerated GPU option will even be there to increase AMD’s ability to make Zen server wins. AMD will be able to offer its Zen CPU only cores in a package deal with its FirePro Polaris/Vega/Greenland GPU accelerators to make more server system deals, CPU with GPU accelerator deals that Intel will not be able to match on any low price basis.
AMD’s first Server SKUs will be Zen CPU cores only based but there will be later an entirely new class of HPC/Server/Workstation APU’s on an interposer that will offer performance metrics and power savings that few will be able to match when pairing up CPU cores with GPU to old PCI based way. So look for that new class of System on an Interposer/APU on an interposer Server/HPC/workstation SKUs with Zen cores, a large GPU/Vega die and HBM2 to offer plenty of combined on an interposer CPU/GPU compute wired up via the interposer’s silicon substrate with a very wide parallel connection fabric that can be clocked lower to save power but still provide a larger effective bandwidth and the HBM2 that can provide the same benefits above what any older DDR DRAM technology could provide.
Unfortunately this
Unfortunately this information is NOT correct. Just because they had $69M higher REVENUE does not mean they had $69M higher PROFIT. Those sales all had cost associated to them, so overall it could have been a loss still. Cmon man…
AMD LOST 181 million in Q2
AMD LOST 181 million in Q2 2015. But made $69 this year.
The YoY improvement is a quarter billion in Net Income.
Also because the the sale of their assembly unit, they grew back to have a billion $ in cash.
nothing super exciting, but its not something a company falling into bankruptcy reports.
Also they sayd they could increase sale by upto 21% next for Q3.
That would mean over 1.2 billion in revenue. a quarter billion more then in Q3 2015.
AMD is not a money making machine (mostly because of managment / VP lavish pay & bonuses) but they might become profitable to the point where they can grow R&D and pay back some high interest debt.
Profits don’t pay for R&D, or
Profits don’t pay for R&D, or debts/expenses, revenues do! Revenues pay the bills and if there is anything left over after paying the bills then that can be declared profit. Revenues are what runs the business and as long as there is little to no large losses every quarter and revenues are increasing every quarter then the losses can be recouped and debts paid down, or even R&D funding increased, until such a time that every quarter will produce some profits.
AMD is free to take any excess revenues and increase its cash on hand/cash reserves and not show any profits while paying down any of the current fiscal year’s quarterly losses. Any losses from a previous accounting cycle that can not be carried over to the current cycle above and beyond any previous fiscal period’s loss carry over date limits can be converted into short term debts and carried over to the current fiscal cycle as debts. As long as revenues are going up and expenses remain in check AMD is on the road to revival and stability.
AMD’s leaders are looking at two things and that is revenue and market share increases, and any new market business that AMD can create. And as long as AMD is increasing its revenues and getting new business that increases its market share and revenues then the banks will continue to lend on the short term and refinance on the long term. Banks would rather that debt be producing revenues for the bank and as long as AMD’s revenues are growing and its market share is increasing enough for AMD to service its debt obligations and stay in business then that banks are happy. As long as AMD’s revenues and revenue growth is going positive and AMD’s overall market cap is within a reasonable ratio to its outstanding debt obligations the banks will be happy to do business with AMD.
AMDs has a very large share of the gaming console market, and is in a position to get back into the server market with its Zen offerings! Add to that AMD’s renewed RTG offerings with the Polaris GPU micro-architecture will continue to get AMD increased revenues and market share, and AMD’s Zen Consumer SKUs will be the first offerings for Zen in 2016, with More consumer Zen availability for the first part of 2017. AMD is about as lean as even AMD can get personnel wise so with the overall employee expenses in check, those increasing revenues can do a whole lot more to stabilize things like short term debts and maintain the longer term debts, while also allowing AMD to increase its cash reserves to a higher level.
AMD’s next financial reporting period will definitely be watched closely as that should show some of the Polaris revenue results, Zen will start to show up in the next period after that. The console market has been good for AMD for more reasons that some much needed revenues to keep AMD alive, as there was some other software/API benefits to be had for the PC market coming out of the need to get in software the most out of the limited CPU/GPU processing power that was available for the console markets. Mantle and Vulkan/DX12 is also a feather in AMD’s cap, along with its GPU hardware async-compute and HBM IP contributions to the JEDEC standards.
Yeah the $200 million plus
Yeah the $200 million plus that they received for licensing the x86 architecture to China really kept them out of the hole this time. It wasn’t vastly increased sales. It’s good that they’re coming out of the funk somewhat. When they get profitable again, Nvidia and Intel will get serious and release the products they should have and put AMD back where it belongs in second.
Ewww, dude, sick! Keep your
Ewww, dude, sick! Keep your masturbatory fantasies in your bathroom, man, we don’t need you read about you strokin’ it!
It’s team Red that has
It’s team Red that has delusions of grandeur. Every new card is gonna be a Nvidia killer. Or Zen is going to be the doom of Intel. LMAO
Not a fantasy it’s reality. Whether you choose to believe it sicko is up to you.
http://www.extremetech.com/computing/227059-amd-announces-new-293-million-joint-venture-to-build-servers-for-the-chinese-market
http://www.pcworld.com/article/3060273/components-processors/a-new-amd-licensing-deal-could-create-more-x86-rivals-for-intel.html
Two sources I could have gotten a book load for you.
I do think Nvidia and Intel are/were holding back because AMD isn’t a strong competitor to either. When you can make a card that matches Nvidia for the same or less wattage we’ll talk. Same goes for CPUs if they can match Intel watt for watt we’ll talk. Until then do us all a favor and take your meds.
It’s performance per watt,
It’s performance per watt, and performance per dollar, so AMD does not have to beat Intel/Nvidia on all metrics if the price is right, and any server/HPC/Workstation customers are going to be looking at G-Flops per watt also. So those extra ROPs in Nvidia’s GPUs many not factor in as much for compute workloads like they do for pushing out FPSs at the costs of quality.
The big opportunity for AMD is in reentering the HPC/Server market where the best margins are, and where Frames per second over quality of computation does not count for much in the overall scheme of things. Nvidia is not making any server CPU SKUs so AMD’s Zen x86, and even Custom ARMv8A ISA Running custom K12 SKUs will get some server sales. AMD has its Zen/K12 cores to sweeten the total deal for any of its GPU accelerator customers, and wait for the HPC/Server/Workstation APU on an interposer designs from AMD, NVLink is not going to beat any HBM2 to CPU/GPU raw effective bandwidth and low power using low memory clock or CPU to GPU interposer based fabric connection bandwidth for those APUs on and interposer systems that will have the Zen cores wired up to the Greenland/Vega GPU accelerator die via some very wide parallel interposer etched connection fabric.
Nvidia has no x86 for the x86 based server market, and AMD has x86(Zen) and Polaris/Vega/Greenland for the GPU accelerator market. Nvidia has too much vendor lock-in and the HPC/Server market wants open and no chains that bind. Nvidia has some cars business, But Tesla is designing its own CPU cores under Kim Keller, and maybe Tesla will buy Imagination Technologies for the GPU technology and have the whole package for its cars’ control systems.
AMD can only license the x86
AMD can only license the x86 64 bit ISA, as Intel owns the x86 8/16/32 bit ISA, and I do not think that AMD is doing unlimited licensing of its x86 64 bit ISA. With the interposer technology coming online and first used in AMD’s GPU/HBM processor on an interposer, I think that AMD will be allowing its Chinese partner to build its own interposer based server APU SKUs using AMD Zen Cores Dies, and AMD’s GPU core Dies, along with getting HBM2 dies on the open market. So AMD’s Chinese partner is free to design systems on an interposer and the exact makeup of the interposer connection fabric that will host the Zen cores processor die, GPU processor die/HBM2, but AMD will be providing the ready made Zen Dies, GPU dies, and letting the Chinese partner source their HBM JEDEC standard die stacks from the open market.
So the interposer in this manner for a HPC/Server APU will take up the role of a tiny mainboard/motherboard of sorts, with the Chinese partner able to design the interposer based APU to have various Zen cores dies(sourced for AMD), GPU dies(sourced from AMD), and HBM2, configurations to accommodate various server/HPC needs in the Chinese marketplace. The interposer/interposer fabric will be designed by the Chinese partner and would be scalable based on the number of 4 core/8 core Zen die cores complexes and GPU die/s and HBM2 stacks, that the Chinese chooses from AMD and Open Market(HBM2 only).