News AMD 1Q23 Earnings

[moinmoin]

Hey guys, who cares about idle usage in a quartely earnings thread?

Earnings call presentation and QA transcript:

Advanced Micro Devices, Inc. (AMD) Q1 2023 Earnings Call Transcript

Advanced Micro Devices, Inc. (NASDAQ:NASDAQ:AMD) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ETCompany ParticipantsRuth Cotter - SVP, Marketing, HR...

seekingalpha.com

Slides:

Advanced Micro Devices, Inc. 2023 Q1 - Results - Earnings Call Presentation (NASDAQ:AMD)

The following slide deck was published by Advanced Micro Devices, Inc.

seekingalpha.com

 

[Abwx]

Well, YMMV.

Honestly the idle power usage doesn’t really bug me or stop me from buying Ryzen. My issue that you don’t need a chiplet arch at these die sizes. The Ryzen client products I don’t think got a lot of attention. It didn’t even get its own design, it exists to get fed table scraps. Client is a small portion of their revenue so I feel like it gets the B team engineering resources. I could be full of it though, who knows.

I’m annoyed with Intel going away from monolithic as well. I hope the foveros ends up being what it’s hyped up to be.

It has been pointed in this thread, monolithic APUs with 4/ 8 cores would certainly be enough for 80% of the DT market and this segment is still not covered by AMD, methink that it s the reason why they lost marketshare to Intel in client market.

4/8C DTs can be easily replaced by laptops when it comes to consumers, but corporates will stick with DTs since absolute perfs is not the main concern for those users, they are more after security, reliability and average power usage all at the lowest possible cost, so i would expect AMD to adress this weakness in the coming months.

 

[jpiniero]

It has been pointed in this thread, monolithic APUs with 4/ 8 cores would certainly be enough for 80% of the DT market and this segment is still not covered by AMD, methink that it s the reason why they lost marketshare to Intel in client market.

AMD doesn't differentiate between desktop and laptop... but I imagine the issue is more laptop and they are getting killed by Tiger Lake.

Little Phoenix might be the answer.

 

[TheELF]

I'm aware of translators. I still don't care because they are the outlier.

They are the outlier because they actually locked the power draw to specific levels instead of having the CPUs, but only the intel CPUs, run at an extreme overclock....
All of the benches have power limits unlimited and all the turbos enabled which means that the higher the cooling you put in the system the more power it will consume because the temps will be lower.

A sff cooler giving you 198W of cooling will give you 88% of the performance that a 315W cooler will give you and most review sites go above that even.
We can also see that the 253W that intel selected as the max under warranty is a good point since there is extremely little scaling after that.

Starting with the Thermalright SFF cooler, clocks of 4722MHz were maintained consuming 198W on average.
The $20 Assassin 120 R SE sustained 5055MHz (an increase of 333MHz) with the CPU consuming an average of 245W.
DeepCool’s AG620 increased by 188 MHz Average power consumption increased to 277 watts
DeepCool’s LT720 liquid cooler clock speeds increased by another 219MHz power consumption here averaged 315W.

Core i9-13900K Cooling Guide: Testing Intel's Flagship With Budget Air and Big AIOs

The Core i9-13900K can push even the most capable liquid coolers to their limits, but you don’t lose that much performance if you go with budget-priced air cooling.

www.tomshardware.com

 

[Abwx]

They are the outlier because they actually locked the power draw to specific levels instead of having the CPUs

You should seriously stop with these kind of lies, go to their 7950X review rather than pulling sh..from your A, there s a bios option to run Intel CPUs at 350W while they said that it was impossible to get the 7950X using more power than stock, and they didnt even manage to overclock it other than by reducing the voltage since the CPU refused to get to more than 95°C.

Now enough with you constant FUD in any AMD related threads...

AMD Ryzen 7000 im Test: So schnell sind 7950X und 7700X

AMD Ryzen 7000 ist da. Im ausführlichen Test treten Ryzen 9 7950X und Ryzen 7 7700X mit Zen-4-Kernen gegen Ryzen 5000 und Intel Core an.

www.computerbase.de

The ocking page :

AMD Ryzen 7000 im Test: So schnell sind 7950X und 7700X: RAM- und CPU-Overclocking

Ryzen 9 7950X & Ryzen 7 7700X im Test: RAM- und CPU-Overclocking / DDR5-5200 vs. DDR5-6000

www.computerbase.de

 

[coercitiv]

My issue that you don’t need a chiplet arch at these die sizes. The Ryzen client products I don’t think got a lot of attention. It didn’t even get its own design, it exists to get fed table scraps.

Imagine that, Intel's premium monolithic product built by the A-team is having a hard time against table scraps glued together by the B team.

Joke aside, the whole idea of reusing the same design across multiple market segments is what allowed AMD to outmaneuver Intel. Take Intel's product line in the past 5 years, anything from consumer to server. How many of them could have done a lot better had they launched 2-3 quarters faster? How many designs does Intel need to get prepared in order to launch a new server arch, a new desktop arch, a new mobile arch?

Think what would happen if Intel's engineering teams would only need to design just one compute element capable of covering big chunks of server, enthusiast and mainstream consumer platforms. Imagine Sapphire Rapids launching the same year with Alder Lake instead of 1 year later, and imagine ADL launching in the spring or summer of 2021 instead of winter. That's the power of tiled design, that's the agility that Intel needs right now like a breath of fresh air.

To summarize what I just wrote in terms that may relate with your expertise: chiplets were not included in Intel's threat model.

 

[H433x0n]

Imagine that, Intel's premium monolithic product built by the A-team is having a hard time against table scraps glued together by the B team.

Joke aside, the whole idea of reusing the same design across multiple market segments is what allowed AMD to outmaneuver Intel. Take Intel's product line in the past 5 years, anything from consumer to server. How many of them could have done a lot better had they launched 2-3 quarters faster? How many designs does Intel need to get prepared in order to launch a new server arch, a new desktop arch, a new mobile arch?

Think what would happen if Intel's engineering teams would only need to design just one compute element capable of covering big chunks of server, enthusiast and mainstream consumer platforms. Imagine Sapphire Rapids launching the same year with Alder Lake instead of 1 year later, and imagine ADL launching in the spring or summer of 2021 instead of winter. That's the power of tiled design, that's the agility that Intel needs right now like a breath of fresh air.

To summarize what I just wrote in terms that may relate with your expertise: chiplets were not included in Intel's threat model.

What you’re saying is correct, I don’t disagree. It would likely be better for the health of Intel's business to play legos with the same chiplet. It seems they're planning to make things more modular into the future, although luckily it looks like the CPU die on MTL & ARL are client specific, while the rest (SOC, GPU tiles) should be copy/paste across different client segments.

As a consumer, Intel's bottom line isn't my top priority. I'd personally prefer getting that monolithic client specific design to put into my PC.

 

[VirtualLarry]

Contrary to what you believe.. its rough out there for middle class. Inflation hasn't subsided one bit.. groceries and everyday living expenses are sucking most people dry.
Everyone that had excessive disposable income has a PS5 by now.

I agree. I'm on a limited disability income, and my splurge last month was an AMD Ryzen 5 7600 CPU, ASRock B650M-HDV/M.2 motherboard, and a RX 6950XT 16GB card. I did my part for AMD.

That's gonna be it for a while now, though.

Edit: OK, I guess I was mistaken, I've ordered a Newegg combo of an MSI B650M-A Wifi and a 7600X for $343. Over $80 off.

 

[maddie]

Imagine that, Intel's premium monolithic product built by the A-team is having a hard time against table scraps glued together by the B team.

Joke aside, the whole idea of reusing the same design across multiple market segments is what allowed AMD to outmaneuver Intel. Take Intel's product line in the past 5 years, anything from consumer to server. How many of them could have done a lot better had they launched 2-3 quarters faster? How many designs does Intel need to get prepared in order to launch a new server arch, a new desktop arch, a new mobile arch?

Think what would happen if Intel's engineering teams would only need to design just one compute element capable of covering big chunks of server, enthusiast and mainstream consumer platforms. Imagine Sapphire Rapids launching the same year with Alder Lake instead of 1 year later, and imagine ADL launching in the spring or summer of 2021 instead of winter. That's the power of tiled design, that's the agility that Intel needs right now like a breath of fresh air.

To summarize what I just wrote in terms that may relate with your expertise: chiplets were not included in Intel's threat model.

Weren't we told recently that chiplets are only a small blip in computing advancement?

 

[VirtualLarry]

my recommendation to young folks here such as yourself is to buy whatever computer gear you need now compared to five or six months from now when it'll get expensive and will continue to get expensive.

Yep, that's why I bought them last month.

 

[moinmoin]

Weren't we told recently that chiplets are only a small blip in computing advancement?

Well, everything done with chiplets can still be done as monoliths as well, so technically that's not wrong. As @coercitiv wrote not sharing chiplets across the whole product range just vastly increases the need to execute well and makes same day launches of different targets near impossible.

 

[hemedans]

AMD has exciting products coming for laptops and some of those APUs should be decent for cheapy OEMs. I bet more on the laptop side though.

Vice versa is true, those cheap Amd Apu can't even compete with Pentium 8505 in both cpu and gpu, you need Ryzen 7 or more to Actual benefit Rdna2/3 graphics, in low end Amd use just 2CU which is worse than those old Intel HD.

 

[DrMrLordX]

Interesting how quickly people got off-topic in here, or had some bad takes in a thread dedicated to some overall-great results for AMD given market conditions.

First off, desktop (especially DiY) is no longer even AMD's #2 focus, so why any of you thought that AMD would be making waves in client is anyone's guess. Q1 barely has any Phoenix/Dragon Range revenue represented in the figures. Assuming AMD can actually get more Phoenix/Phoenix2 out the door, they'll do quite well. It's an excellent product poised to do well versus the competition.

Server/datacenter revenue being flat is quite impressive compared to their competition who took a knife to the face this past quarter.

Xilinx continues to deliver, so good all around there.

Vice versa is true, those cheap Amd Apu can't even compete with Pentium 8505 in both cpu and gpu, you need Ryzen 7 or more to Actual benefit Rdna2/3 graphics, in low end Amd use just 2CU which is worse than those old Intel HD.

AMD for years tried having the best iGPU around, and they got a boot to the arse for their troubles. Having the best CPU cores on the market in that space is worth far more to them than anything related to your complaints.

 

[jpiniero]

Ouch, AMD finally posted the 10-Q... Client was 55% decrease in unit shipments and 26% decline in ASP.

Intel was -37% volume and -9% ASP for notebook and -32% volume and +5% ASP for desktop.

 

[Saylick]

Ouch, AMD finally posted the 10-Q... Client was 55% decrease in unit shipments and 26% decline in ASP.

Intel was -37% volume and -9% ASP for notebook and -32% volume and +5% ASP for desktop.

Is that QoQ or YoY?

 

[jpiniero]

Is that QoQ or YoY?

Should be YoY for both

 

[A///]

Yep, that's why I bought them last month.

yes I quite liked your setup with the white desk and ikea looking chair. How's the wire holding up your card's sag doing?

 

[moinmoin]

Earnings call presentation and QA transcript:

Advanced Micro Devices, Inc. (AMD) Q1 2023 Earnings Call Transcript

Advanced Micro Devices, Inc. (NASDAQ:NASDAQ:AMD) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ETCompany ParticipantsRuth Cotter - SVP, Marketing, HR...

seekingalpha.com

Notable quotes, overall:

"Based on customer demand signals, we expect second quarter revenue will be flattish sequentially with growth in our client and data center segments, offset by modest declines in our Gaming and Embedded segments."

Embedded:

(On Embedded being expected to decline sequentially in Q2) "we did have a bunch of backlog that we're in the process of clearing and that backlog will clear in Q2, and then we expect that the growth will moderate a bit."

Gaming:

"Semi-custom revenue grew double-digit percentage year-over-year, which was more than offset by lower gaming graphics revenue."

Client:

"Revenue declined 65% year-over-year to $739 million as we shipped significantly below consumption to reduce downstream inventory. As we stated on our last earnings call, we believe the first quarter was the bottom for our client processor business."

"So we've been undershipping sort of consumption in the Client business for about 3 quarters now. And certainly, our goal has been to normalize the inventory in the supply chain so that shipments would be closer to consumption. We expect that, that will happen in the second half of the year"

Data Center:

"Data Center segment revenue of $1.3 billion was flat year-over-year with higher cloud sales offset by lower enterprise sales."

"Lisa said year-over-year cloud sales grew double digits significantly and enterprise actually declined."

"So double-digit Data Center growth for the full year of 2023 versus 2022."

"Which just given what you did in Q1 and sort of are implying for Q2 needs something like 50% year-over-year growth in the second half to get there. So you're endorsing those -- you're endorsing that now?

Lisa Su: I am..."

 

[Exist50]

Notable quotes, overall:

"Based on customer demand signals, we expect second quarter revenue will be flattish sequentially with growth in our client and data center segments, offset by modest declines in our Gaming and Embedded segments."

Embedded:

(On Embedded being expected to decline sequentially in Q2) "we did have a bunch of backlog that we're in the process of clearing and that backlog will clear in Q2, and then we expect that the growth will moderate a bit."

Gaming:

"Semi-custom revenue grew double-digit percentage year-over-year, which was more than offset by lower gaming graphics revenue."

Client:

"Revenue declined 65% year-over-year to $739 million as we shipped significantly below consumption to reduce downstream inventory. As we stated on our last earnings call, we believe the first quarter was the bottom for our client processor business."

"So we've been undershipping sort of consumption in the Client business for about 3 quarters now. And certainly, our goal has been to normalize the inventory in the supply chain so that shipments would be closer to consumption. We expect that, that will happen in the second half of the year"

Data Center:

"Data Center segment revenue of $1.3 billion was flat year-over-year with higher cloud sales offset by lower enterprise sales."

"Lisa said year-over-year cloud sales grew double digits significantly and enterprise actually declined."

"So double-digit Data Center growth for the full year of 2023 versus 2022."

"Which just given what you did in Q1 and sort of are implying for Q2 needs something like 50% year-over-year growth in the second half to get there. So you're endorsing those -- you're endorsing that now?

Lisa Su: I am..."

H2 is realistically when the Genoa revenue would start kicking in, so that doesn't seem unreasonable.

 

[aigomorla]

I cant believe CNBC is spreading this kind of FUD.

AMD shares to plunge more than 60% because of Intel’s new chips, Citi predicts

Citi Research reiterates its sell rating for AMD shares, predicting the chipmaker will lose sales to Intel's new "Coffee Lake" line of processors.

www.cnbc.com

Where are they pulling this from?


EDIT: Due to my aging eyes, i completely missed the publication date like a noob. So please disregard, but at least you can see how poorly that forecast has went from 2017

 

[VirtualLarry]

yes I quite liked your setup with the white desk and ikea looking chair. How's the wire holding up your card's sag doing?

Sorry, not me.

 

[VirtualLarry]

Where are they pulling this from?

Published Mon, Oct 23 2017 8:49 AM EDT Updated Mon, Oct 23 2017 3:50 PM EDT

 

[Saylick]

H2 is realistically when the Genoa revenue would start kicking in, so that doesn't seem unreasonable.

Yep. Genoa, Genoa-X, and Bergamo should contribute to H2 with some MI300 contributing to Q4 I believe.

 

[aigomorla]

Published Mon, Oct 23 2017 8:49 AM EDT Updated Mon, Oct 23 2017 3:50 PM EDT

Err why did it hit my news feed today? Google News must be tripping....

OMG thank you for the correction, i have no idea how i missed the date..
It was making no sense as i was reading it eariler.
Totally missed the date at the top.

 

[Thunder 57]

I cant believe CNBC is spreading this kind of FUD.

AMD shares to plunge more than 60% because of Intel’s new chips, Citi predicts

Citi Research reiterates its sell rating for AMD shares, predicting the chipmaker will lose sales to Intel's new "Coffee Lake" line of processors.

www.cnbc.com

Where are they pulling this from?

That article didn't age well.