News AMD 3Q24 Earnings Results

[jpiniero]

AMD posted the 10-Q... Client sales increase was mainly due to volume... Up 25%. Only a 3% ASP Increase.

 

[randomhero]

AMD posted the 10-Q... Client sales increase was mainly due to volume... Up 25%. Only a 3% ASP Increase.

That is huge, actually. It means they have put one foot in corpo desktop

 

[OneEng2]

AMD's DC revenue has more than double compared to last year.

Unless Intel's DC revenue increases a lot, AMD will for the first time surpass Intel's DC revenue, another blow for Intel

... and this trend is the most alarming one if you are Intel. The high margin DC is the very best market to be gaining in at this time. The business market (laptops mostly) I think will be dampened in the next year or two because of Arrow Lake impact in this market where it is actually a quite good chip.

Intel still doesn't have a compelling answer to Turin, so I suspect that DC trend line to continue through 2025. Intel's next opportunity to turn things around are with Clearwater Forest on 18A. If Intel hits a home run on CWF, they will have about a year to get the slope of that trend line back in order, but will then be facing a Zen 6 competitor in DC (no rest for the weary).

 

[Markfw]

... and this trend is the most alarming one if you are Intel. The high margin DC is the very best market to be gaining in at this time. The business market (laptops mostly) I think will be dampened in the next year or two because of Arrow Lake impact in this market where it is actually a quite good chip.

Intel still doesn't have a compelling answer to Turin, so I suspect that DC trend line to continue through 2025. Intel's next opportunity to turn things around are with Clearwater Forest on 18A. If Intel hits a home run on CWF, they will have about a year to get the slope of that trend line back in order, but will then be facing a Zen 6 competitor in DC (no rest for the weary).

One good example I posted in The Turin builders thread. Supermicro can not provide motherboards that support Turin to virtually any reseller, like newegg, Amazon or wiredzone, since they are all going to assembly (or to be exact I think, to their own server chassys) (sp, but no good guesses from the spelling AI) They are selling so well, they are at max capacity. To repeat, The wording exactly is in the Turin thread.

Here:

Question - Zen 5 Turin builders thread.

OK, only CPU change on a Genoa build, but due to budget, thats first. The CPU (an ES) was not cheap. Stuck at 4800 on memory, but at least I have 12 channels. The final with be DDR5 ECC registered 6000.

forums.anandtech.com

 

[Hitman928]

AMD's revenue officially now at >50% of Intel's revenue.

 

[MangoX]

AMD's revenue officially now at >50% of Intel's revenue.

And with a quarter of their headcount, to boot.

 

[Markfw]

And with a quarter of their headcount, to boot.

And their data center is bigger in sales and profits.

 

[maddie]

And with a quarter of their headcount, to boot.

An Intel employee reading this is going to be very stressed going forward.

 

[DavidC1]

That is huge, actually. It means they have put one foot in corpo desktop

Let me guess. Maybe Raptorlake fiasco?

 

[Jan Olšan]

That is huge, actually. It means they have put one foot in corpo desktop

Or the "whole market is digesting excess stock of laptop CPUs so let's stop buying AMD chips in order to not having to cut Intel orders too much" chapter is finally over after 2 years, nothing more (nothing less)? Just in time for more glut and inventory snafu I guess.

 

[DrMrLordX]

Supermicro can not provide motherboards that support Turin to virtually any reseller, like newegg, Amazon or wiredzone, since they are all going to assembly (or to be exact I think, to their own server chassys) (sp, but no good guesses from the spelling AI)

Not trying to derail but SuperMicro may need their own thread eventually:

Super Micro Computer's shares plunge 33% after server maker's accounting firm quits

Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firm.

apnews.com

sigh

Let me guess. Maybe Raptorlake fiasco?

@Jan Olšan may be on to something here. That being said, the corpos may be looking at Hawk Point (cheap/readily available) and Strix Point (great js performance, among other things) and thinking to themselves that they sure beat the Intel junk clogging up the channel.

 

[DavidC1]

@Jan Olšan may be on to something here. That being said, the corpos may be looking at Hawk Point (cheap/readily available) and Strix Point (great js performance, among other things) and thinking to themselves that they sure beat the Intel junk clogging up the channel.

The thing is, if the products are worse, Intel was eventually bound to lose marketshare to AMD too. It's about trust. Do you trust that product? People don't really care about 20-30% differences, if they view the better product is from an unknown vendor. If it screws up on you, then even 50% is not worth it.

Sometimes it's all about getting your name out there, even if your product is mediocre. Intel had that trust for decades. Advertising and getting it out there is as important as the product itself.

These things are fractal and boil down to the smallest part, which is individuals. You have two potential hires. Person A is more qualified but you have this awkward feeling about him. Person B is less qualified but he's more charismatic, and easier to talk to. Person B will get hired.

This is more true for Enterprise segments, because it's even more important. You want your uptime for your servers to be as high as possible. What is their after sales service like? Intel had this.

 

[DrMrLordX]

This is more true for Enterprise segments, because it's even more important. You want your uptime for your servers to be as high as possible. What is their after sales service like? Intel had this.

AMD does not have a trust problem in enterprise/datacentre, and hasn't since maybe Rome. I was more thinking corpo laptop/desktop, which is where AMD has had problems cracking the nut. Until now!