More revenue and profit for AMD - Su Also Talks 3rd Gen Ryzen Boost Issue in Earnings Call

by Hilbert Hagedoorn on: 10/31/2019 08:00 AM | source: amd.com | 23 comment(s)

Advanced Micro Devices (AMD) posted more revenue and profit in the past quarter. The company thus performed more or less in line with the expectations of analysts.

Revenues increased by 9 percent on an annual basis to $ 1.8 billion. That is the highest quarterly turnover since 2005. At the same time, there was the highest gross profit margin since 2012. This amounted to 43 percent. CEO Lisa Su was very satisfied with the progress of the company. Below the line, 120 million dollars remained, from a profit of 102 million dollars in the third quarter of last year. Expectations are again high for the fourth quarter. AMD then expects around $ 2.1 billion in revenue, with a gross profit margin of around 44 percent.

The total amount of money that AMD has in its bank accounts is now back at $ 1,209 million to roughly the level of the first quarter of this year and the fourth quarter of 2017. It is also good to see that the debts of the chip designer declined further by 16% compared to the second quarter, continuing the reduction of debt.

3rd Gen Ryzen Boost Issue

On the boost issue that was fixed with an AGESA update, she mentioned that AMD is works hard with its motherboard partners and ODM partners to "improve the optimization of the maximum boost frequency." also mentioning "the issue is largely addressed over the last couple of weeks" (to 1.0.0.3 ABBA). "We're going to continue to improve the platform," she adds.

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sverek

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#5725937 Posted on: 10/31/2019 07:49 AM

Maybe in 10 years Intel will become underdog and we will be cheering for it, instead of AMD

fantaskarsef
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#5725945 Posted on: 10/31/2019 08:09 AM

Maybe in 10 years Intel will become underdog and we will be cheering for it, instead of AMD

Truth be told, this is not impossible

Undying
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#5725949 Posted on: 10/31/2019 08:14 AM

Maybe in 10 years Intel will become underdog and we will be cheering for it, instead of AMD

With this amount of money Intel have not even then.

Mesab67
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#5725954 Posted on: 10/31/2019 08:40 AM

With this amount of money Intel have not even then.

Hopefully, if Intel keep spending more on anti-competitive practices ($3 billion currently) then it might take less than 10 years. Of course, we also need this practice to fail. Hopefully too, competition and consumer benefit are realised in more folk's minds this time.

alanm
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#5725977 Posted on: 10/31/2019 09:45 AM

Good news. The more money AMD has, the more R&D resources. Hopefully allocated to their GPU division. Would love to see them do to Nvidia what they did to Intel.

Eini
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#5725996 Posted on: 10/31/2019 10:58 AM

And now explain why an ad based company that produces nothing (Facebook) creates many times the revenue of AMD?

anticupidon
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#5725998 Posted on: 10/31/2019 11:04 AM

And now explain why an ad-based company that produces nothing (Facebook) creates many times the revenue of AMD?

Isn't already obvious?
How many people buy hardware parts and build a computer and have the skills and knowledge to do so - X %
How many people want to give every detail of their insignificant lives and post almost every BS and crap online-seeking validation and self-assurance, how many companies want to track you and sell you stuff? How many contractors want to spy on their employees? How many obscure reasons there are? - A WHOLE LOT. A WORLD HUGE LOT

barbacot
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#5726001 Posted on: 10/31/2019 11:13 AM

Good news. The more money AMD has, the more R&D resources. Hopefully allocated to their GPU division. Would love to see them do to Nvidia what they did to Intel.

And... what they did to intel???
CPU business is not only ryzen 3 or intel 14+++ refresh...
And if the article is about revenues and shares....:

Intel shares rose more than 7% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and revenue and gave an upbeat forecast

The company’s biggest business segment, the Client Computing Group that includes desktop and notebook PC chips, posted $8.84 billion in revenue. That’s above the $8.13 billion average estimate among analysts surveyed by FactSet.

Intel’s Data Center Group, which includes server processors, produced $4.98 billion in revenue, above the FactSet analyst consensus of $4.89 billion.

and to conclude:

Intel stock is up about 11% since the beginning of 2019.

So once again they did nothing to intel but they did a lot of good to us customers that now have an alternative finally...

Andy Watson
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#5726011 Posted on: 10/31/2019 11:52 AM

I own some AMD shares and so keep a check on the share price. Although AMD did extremely well and matched what the analysts thought the analysts were not impressed as AMD did not do better than they expected ( what logic!) and so the share price is down slightly. Meanwhile Tesla made one of few profits but their sales revenue were down and debts up, but because they beat the gloomy expectations their share price went up 20%. They made profits due to cost cutting and two unconventional ways, neither which are sustainable.

Getting back to AMD, with more navi cards on the way, continued cpu growth at least while Intel has issues and 2 consoles coming out next year, they should have a nice 2020.

alanm
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#5726012 Posted on: 10/31/2019 11:55 AM

And... what they did to intel???
CPU business is not only ryzen 3 or intel 14+++ refresh...
And if the article is about revenues and shares....:

and to conclude:

So once again they did nothing to intel but they did a lot of good to us customers that now have an alternative finally...
Yes, your right in the bigger picture of company performance. Still, AMD has shaken them up a bit on the desktop segment, what we here tend to look at.

RooiKreef
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#5726036 Posted on: 10/31/2019 12:49 PM

Good news. The more money AMD has, the more R&D resources. Hopefully allocated to their GPU division. Would love to see them do to Nvidia what they did to Intel.

Technically speaking AMD already beat Nvidia with Navi. Look at the specs between a RX 5700 XT abd a normal RTX 2070. Both cards have the same 14 Gbps memory, the same amount of shader cores 2560 and they both boost to similar levels 2000mhz... Yet the RX 5700 XT beat the RTX 2070 in basically all gaming benchmarks. So if the had to launch a gou now as we speak with the same amount of shader cores and memory sub system than a RTX 280 ti... Then we will see the same results unfold... It's all about timing when AMD will make that move.

fantaskarsef
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#5726039 Posted on: 10/31/2019 12:52 PM

Technically speaking AMD already beat Nvidia with Navi. Look at the specs between a RX 5700 XT abd a normal RTX 2070. Both cards have the same 14 Gbps memory, the same amount of shader cores 2560 and they both boost to similar levels 2000mhz... Yet the RX 5700 XT beat the RTX 2070 in basically all gaming benchmarks. So if the had to launch a gou now as we speak with the same amount of shader cores and memory sub system than a RTX 280 ti... Then we will see the same results unfold... It's all about timing when AMD will make that move.

Yesterday, kplzthx.

barbacot
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#5726056 Posted on: 10/31/2019 01:27 PM

I wouldn't say it like that...
Once again competition is good for us.
You want a card that does best rasterisation performance on a budget then you go with 5700XT, if you care about ray tracing then you go with RTX from Nvidia - you have a choice based on your budget and needs.

kakiharaFRS
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#5726072 Posted on: 10/31/2019 02:42 PM

big non-shout out to the pseudo journalist asking about AMD "problems some articles may eventually maybe talk about somewhere on the internet" :rolleyes:

you might have read my comments about AMD here I'm no defender of them (or anyone really especially "gaming" monitors :mad:

I never returned an AMD processor or gpu, I returned 4 monitors with unacceptable defects that should never have passed QC)
but that was forum troll level the guy had no idea what he was talking about which was helpful or informative for absolutely no one, just disruptive, congrats to Lisa who handled it perfectly by testing the waters on his knowledge (none) then going herself on the firmware issues without going too much into details (not everyone is a guru3d reader lol)

p.s. I know it may seem strange to "fans" but I'm a big critics of things I want to succeed I want the best for AMD as we would all gain from it both AMD and Nvidia/Intel consumers, two choices instead of one hell yea

rl66
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#5726104 Posted on: 10/31/2019 04:18 PM

Truth be told, this is not impossible

If we consider only comlputer branch yes.
But Intel (as NVidia btw) is lot more than computer stuff, wich are only a part of their business compared to AMD wich pain to explore other path.
The way AMD follow it own path, doing better what they know the best and don't try to follow the leaders (that have more money) start to pay...

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