AMD crushes Q4 earnings estimates

[Centauri]

https://www.reuters.com/article/us-...s-as-graphics-chip-demand-rises-idUSKBN1FJ2XF

Revenue +33% YOY at 1.48bn over estimates of 1.41bn. Earnings were 8c/share over estimates of 5c/share.

Interesting to me is that the semi-custom business is now fully 2/3 of AMD's revenue. What a good decision that was from 'ol Rory Read.

 

[jpiniero]

It'd be nice if the analysts manage to get AMD to say how much revenue from mining they are getting.

 

[USER8000]

Revenue is up 25% of the whole year:

https://techreport.com/news/33184/a...al-2017-with-another-fully-profitable-quarter

Operating income is $204 milllion.

 

[raghu78]

Computing and graphics emerges from the shadows of the semi custom business as the primary growth driver for 2018 and ahead. The semi custom business did a great job keeping AMD alive during the dark days of 2012-2016 when the Bulldozer disaster almost killed AMD. Now with the excellent Zen core and a strong roadmap AMD is well on course to deliver many years of strong growth. My expectations is AMD will cruise past USD 8 billion revenue for 2018. I think by the end of 2020 AMD will be a semiconductor force to reckon with in terms of revenue, profits and breadth of products. I am invested in AMD stock for the long run and have tremendous confidence in Lisa Su and her ability motivate and lead her team. The only missing part of the long term recovery is graphics and RTG which should be on a recovery by 2019 or 2020 as AMD is substantially increasing R&D in graphics and should close the competitive gap with Nvidia in a couple of years.

 

[fleshconsumed]

And the stock price doesn't move. I briefly jumped on AMD stock around Ryzen release, but was lucky to get out after it became apparent it wasn't going anywhere. Since then it dropped and never came back up.

Hopefully AMD keeps on delivering. If it wasn't for them Intel would still be happily selling 4 cores for $300+.

 

[dullard]

The biggest worry that AMD probably has is the end to the mining craze. With millions of used CPUs/GPUs on the market fighting for the low-cost buyers AMD could be in a world of hurt. Of course, if the mining craze continues, then AMD will keep doing well.

EPYC is out there, but we keep being told that next quarter EPYC will be big. This is about the 3rd quarterly report in a row with that hope. Yet, the Enterprise, Embedded and Semi-Custom business segment revenue was below estimates. I'd like to see AMD finally make headway on selling higher priced chips.

 

[Hitman928]

It'd be nice if the analysts manage to get AMD to say how much revenue from mining they are getting.

Lisa Su said that blockchain computing accounted for about 1/3 of their sequential revenue growth in Computing and Graphics. If my math is correct, and implementing some broad rounding, I get $45 million in the 4th quarter. I don't know how you would really track that versus gaming revenue, but that's the number she gave.

 

[EXCellR8]

Hopefully AMD keeps on delivering. If it wasn't for them Intel would still be happily selling 4 cores for $300+.

except for that small little blunder in the architecture, which doesn't help

 

[scannall]

It'd be nice if the analysts manage to get AMD to say how much revenue from mining they are getting.

Retailers are the ones raking it in there.

 

[CHADBOGA]

Computing and graphics emerges from the shadows of the semi custom business as the primary growth driver for 2018 and ahead. The semi custom business did a great job keeping AMD alive during the dark days of 2012-2016 when the Bulldozer disaster almost killed AMD. Now with the excellent Zen core and a strong roadmap AMD is well on course to deliver many years of strong growth. My expectations is AMD will cruise past USD 8 billion revenue for 2018. I think by the end of 2020 AMD will be a semiconductor force to reckon with in terms of revenue, profits and breadth of products. I am invested in AMD stock for the long run and have tremendous confidence in Lisa Su and her ability motivate and lead her team. The only missing part of the long term recovery is graphics and RTG which should be on a recovery by 2019 or 2020 as AMD is substantially increasing R&D in graphics and should close the competitive gap with Nvidia in a couple of years.

What do you make of the earnings per share being the same as a year ago?

 

[Yotsugi]

EPYC is out there, but we keep being told that next quarter EPYC will be big. This is about the 3rd quarterly report in a row with that hope. Yet, the Enterprise, Embedded and Semi-Custom business segment revenue was below estimates. I'd like to see AMD finally make headway on selling higher priced chips.

Getting into the datacenter is a waaaaaaaaaaaaaaaaay longer process than you might imagine.
I've yet to see AMD-based PowerEdges tbh.

 

[eek2121]

Lisa Su said that blockchain computing accounted for about 1/3 of their sequential revenue growth in Computing and Graphics. If my math is correct, and implementing some broad rounding, I get $45 million in the 4th quarter. I don't know how you would really track that versus gaming revenue, but that's the number she gave.

You can't. Most seem to think that AMD can somehow track who buys a graphics card, and for what purpose (mining or gaming). They cannot (unless they collect telemetry). They have made efforts in the past (via bundles) only to be shamed by the fanboys. Right now the biggest issue is the 'big 3' in high speed memory manufacturing. I've actually VERY recently learned that there are 2 US startups, a Chinese startup, and a Russian startup looking to get into the (x)DDR(x) game. It will be interesting to see what comes of it. Specifics left out because of NDA requirements. I wasn't even supposed to have access to this info, but I'm a nosy fuck and I LOVE picking up beer tabs for those in the know. What I can say is that the Chinese startup is going to kick the shit out of Samsung. They have some DDR4 3600 prototypes that they claim will be sold for $29 for a 16 GB DIMM at "a competitive latency". we'll see. Exciting times are coming. Also, the US startups have apparently developed a way to work around certain patents and provide DDR4 3200 OC RAM along with unspecified GDDR5 kits for graphics cards. My only concern is they claim to be 2 years from market. I suspect they will both be left behind. Even if those efforts don't pan out, my optimism for a price reduction continues. Please don't blame AMD or Nvidia. If you had a a thousand gold pieces to sell and you knew you could sell 200 of them for $200/each or all 1,000 of them for $150 each, which would you chose?

 

[Ancalagon44]

Congratulations to AMD for improving their financials! I hope that ALL of the AMD employees and not just the execs get some well deserved bonuses.

 

[AtenRa]

Computing and Graphics Revenue could easily raise close to 1.4B - 1.5B in Q2 and especially in Q3 2018.
EPYC sales will grow in 2018.

Q3 2018 could come close to 2B with the "help" of Desktop Ryzen 2, Ryzen APUs, EPYC, SemiCustom Consoles and new 12nm dGPUs.

 

[french toast]

Computing and Graphics Revenue could easily raise close to 1.4B - 1.5B in Q2 and especially in Q3 2018.
EPYC sales will grow in 2018.

Q3 2018 could come close to 2B with the "help" of Desktop Ryzen 2, Ryzen APUs, EPYC, SemiCustom Consoles and new 12nm dGPUs.

12nm dGPUs?? Please tell .

 

[AtenRa]

12nm dGPUs?? Please tell .

If I remember correctly, they talked about 12nm dGPUs for H2 2018.

 

[french toast]

If I remember correctly, they talked about 12nm dGPUs for H2 2018.

Last year yes, recent roadmap excludes them, may happen but may not.

 

[Dribble]

And the stock price doesn't move. I briefly jumped on AMD stock around Ryzen release, but was lucky to get out after it became apparent it wasn't going anywhere. Since then it dropped and never came back up.

Hopefully AMD keeps on delivering. If it wasn't for them Intel would still be happily selling 4 cores for $300+.

Investors like margins, and AMD's was predicted to be 36% I think but actually ended up 35%, both numbers being very low vs their competitors.

 

[AtenRa]

Last year yes, recent roadmap excludes them, may happen but may not.

will see in the next 6 months

 

[Asterox]

What we going to do with "very expensive Epyc 7401P". How will this CPU affect AMD revenue in 2018.

https://www.servethehome.com/amd-epyc-7401p-linux-benchmarks-and-review-something-special/

 

[Kenmitch]

After a decade of death spirals it looks like AMD has managed to bounce off the runway and pick up some momentum!....Kudos to AMD!

 

[french toast]

And needs to find a way to improve its margins..still very positive for AMD.

 

[Topweasel]

And needs to find a way to improve its margins..still very positive for AMD.

Margins are fine. It's the volume they need to worry about.

 

[Genx87]

Margins are fine. It's the volume they need to worry about.

Margins are terrible. They need to increase these to become more profitable.

 

[Topweasel]

Margins are terrible. They need to increase these to become more profitable.

Margins are fantastic where are your numbers?