C'mon man take that crap somewhere else, this has been a positive thread about positive news.
Their CEO verbally committed to limited volumes in 2016. Lisa's proven herself to conduct business with integrity and in a no nonsense kind of way. If she claims that then I believe we will see it happen.
He's posted that statement in a few recent threads now, with absolutely no argument for why he believes this.
It is pure threadcrapping and trollery. Fansportsing in the silicon world is a sad way to be.
Its a decent quarter given how bad AMD were doing. Q3 guidance is good. I hope AMD can execute better with Vega / Zen and hopefully a second revision of polaris which fixes some of the shortcomings like power efficiency. 2017 is a do or die year for AMD. Things seem to be slowly improving. But its still an uphill task for AMD. They need to grow revenues significantly and get a lot more profitable to pay off that massive debt.
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Lol $2 billion in liabilities is nothing for this company. They are going to do $6 billion revenue next year alone, and they have $1 billion cash on hand.
Point being, it is factually incorrect to state "Zen is 2017" unless specifically stating that "Zen" in this context means Server and/or Zen-core APU variants.
Matthew D. Ramsay - Canaccord Genuity, Inc.
Thank you for the color and it's good to hear. I guess another question on Zen, more in the PC markets, because I think your prepared remarks focused a bit more on server, but maybe you could give us a little bit of an update in the timing of desktop and notebook potential launches. It just seems to me, going into the holiday season, it's still a little unclear as to where Zen is going to land relative to holiday ramps in the Western markets and to Chinese New Year. So any color around that would be really helpful. Thank you.
Lisa T. Su - President, CEO & Non-Independent Director
No, that's a fair question, Matt. We have been very focused on the server launch for first half of 2017. Desktop should launch before that. In terms of true volume ability, I believe it will be in the first quarter of 2017. We may ship some limited volume towards the end of the fourth quarter, based on how bring up goes and the customer readiness. But again, if I look overall at what we're trying to do, I think the desktop product is very well positioned for that high end desktop segment, that enthusiast segment in both channel and OEM, which is very much a segment that AMD knows well and so that's where we would focus on desktop. You should expect a notebook version of Zen, with integrated graphics in 2017, and that development is going on as well. And so, I think it's just a time of a lot of activity around the Zen and the different Zen product families.
Joseph L. Moore - Morgan Stanley & Co. LLC
Great. Thank you. I was also curious about the GLOBALFOUNDRIES being so low in Q2. And I guess, have you guys finalized the 2016 wafer supply agreement, and can you talk more generally about how you're deciding which products are allocated to GLOBAL and TSMC and is there anything that's exclusive to one or the other?
Devinder Kumar - Chief Financial Officer, Treasurer & Senior VP
Yeah, several parts to it. The working relationship, as Lisa said, with GLOBALFOUNDRIES is very good. We continue to work through the 2016 WSA and that part's now finalized. We are in the process of negotiating that. In the meantime, we continue to get delivery of wafers for the products that we need in line with the product demand and mix of business. And relative to your which products on which foundry, we typically do not share the source of foundry for any of our wafers or products.
Jaguar Bajwa - Arete Research Services LLP
Okay. Thanks. And then could you just give a bit more clarity around Vega timing? And also what do you expect to be your differentiation here versus what NVIDIA has done with Pascal?
Lisa T. Su - President, CEO & Non-Independent Director
Again, I think we'll talk more about the details of the Vega architecture in time, but certainly Vega is a high performance GPU that will use high bandwidth memory as part of it. So, I would leave the details for a more as we get closer to the Vega launch dates.
D'oh, sorry, C&P the wrong one, I meant to post http://seekingalpha.com/article/399...-2016-results-earnings-call-transcript?page=1 that was already posted up above.Btw, that link is to the April Q1 transcript.
Yes she did. Gonna be scary what AMD is going to do once it get's more money for R&D.
Currently up 9.3% since yesterday closing. That sure did help the 3.5% dip during trading, lol.
Last earnings report in April sent the stock up 50% the next day, and this report is more positive than that one.
Think the same will happen?
I think the Chinese news was the main reason for the bump last time.
I think Zen will affect Intel alot more than rx480 affected Nvidia. Nvidia was ready with Pascal & let's admit it's a pretty kickass video card. But when zen comes out, what does Intel have to offer? Their CPUs haven't done crap since sandy bridge with the exception of efficiency. If zen manages to get 70% of Skylake performance @ much lower price point then gg. Mind u, the pc market is still in decline...so not sure what effect releasing a better cpu in the dying market will have for AMD.
Video cards sell, it's a growing market what with Virtual/augmented reality....but a hot cpu is like....so what?
There are no point to have many cores on client Computers if those cores are not the best at single threaded performance, #amdahls_law
After the 8 cores cellphone processors, you will get 16 threads bad core desktop processors,same 6 dollars burger for 3.99$ misleading stuff
Well a nice 18% jump today. Guess people digested the news over the weekend & with AMD saying they can use Samsungs fabs if need be for production of 14nm, it sent their stock higher.