[Reuters]AMD reports record data center revenue, shares jump - Overclock.net - An Overclocking Community

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[Reuters]AMD reports record data center revenue, shares jump

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post #1 of 13 (permalink) Old 01-29-2019, 02:07 PM - Thread Starter
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[Reuters]AMD reports record data center revenue, shares jump

While Intel and AMD lowering expectations -AMD gaining market share :-).

Quote:
Advanced Micro Devices Inc on Tuesday reported record growth in data center revenue and forecast revenue growth in fiscal 2019 above expectations, sending shares up nearly 7 percent after the bell.

The chipmaker said it expects high-single digit percentage revenue growth in 2019, while analysts were targeting growth of about 6 percent.

AMD’s results come as a relief to investors fearing worse performance amid warnings from a host of other chipmakers about a slowdown in China triggered by the ongoing trade dispute with the United States.

Bigger rivals Nvidia Corp and Intel Corp both flagged a stagnating growth in data center sales, a segment where AMD is beginning to get a foothold on the back of its server chips.

Gross margin rose to 38 percent from 34 percent a year earlier after the company started shipping newer versions of its graphics and data center chips. The company also said it expects adjusted gross margins to be more than 41 percent for 2019.

Sales at AMD’s computing and graphics segment, which includes GPU sales to data centers, rose over 8.5 percent to $986 million, beating the analyst average estimate of $939 million, according to FactSet.

Excluding items, AMD earned a profit of 8 cents per share, in line with the analysts’ estimates, according to IBES data from Refinitiv.
https://www.reuters.com/article/us-a...KCN1PN2WR?il=0

About Navi:
Quote:
As we entered 2019, we are preparing to launch our strongest product portfolio ever. In gaming, we will launch our high end Radeon 7 GPU in February, followed by our next generation Navi GPUs later in the year.

In client computing, we started the year with our second generation Ryzen mobile processors and we’re on track to launch our third generation Ryzen desktop processors in the middle of the year. And in the server market, we expect to deliver a significant step function performance increase with the launch of our next generation Rome processors in the middle of the year. I am very proud of what we accomplished in 2018 and even more excited about how our long-term investments are set to pay off in 2019.
https://seekingalpha.com/article/423...nscript?page=3

Last edited by Hwgeek; 01-30-2019 at 05:17 AM.
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post #2 of 13 (permalink) Old 01-29-2019, 02:35 PM
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It wasn't a jump, more like a recovery.

AMD stock opened at 20.26, went as low as 19.08. After the quarterly results, spiked to 21.21 in after hours trading on 1/29/19. On 1/25/19 AMD stock closed at 21.93. AMD still hasn't recovered even from a few days ago.

Nvidia stock didn't do much better today. But did have an uptick due to AMD quarterly results.

Both are seen as tech stocks with similar product portfolios. So it's not strange if one is affected, both are affected. Nvidia's stock drop on 1/28 cause AMD's stock to drop as well. Today AMD's small uptick caused Nvidia slight uptick as well.

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post #3 of 13 (permalink) Old 01-29-2019, 02:44 PM - Thread Starter
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Lisa just confirmed(AMD Earnings Call) the Navi comes later this year, ROME/Ryzen mid year ,MI50/MI60 already shipped at Q4 18.
She also sad that the new product launched are more towards 2nd half of the year.

Last edited by Hwgeek; 01-29-2019 at 03:13 PM.
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post #4 of 13 (permalink) Old 01-29-2019, 03:35 PM
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Quote: Originally Posted by Hwgeek View Post
...

Sales at AMD’s computing and graphics segment, which includes GPU sales to data centers, rose over 8.5 percent to $986 million, beating the analyst average estimate of $939 million, according to FactSet.

...
Is the GPU in this segment the MI60 variants of cards? Or are those considered DC and the GPU part is consumer / prosumer GPU's? If so, up 8.5% that includes a struggling consumer / prosumer market may mask a larger than 8.5% growth in DC.
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post #5 of 13 (permalink) Old 01-29-2019, 03:41 PM
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Can we keep the stock speculations and manipulations out of OCN? :/
Tech and science news from Reuters? Really? About a stock? Come on.
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post #6 of 13 (permalink) Old 01-29-2019, 06:27 PM
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Quote: Originally Posted by Aemonn View Post
Is the GPU in this segment the MI60 variants of cards? Or are those considered DC and the GPU part is consumer / prosumer GPU's? If so, up 8.5% that includes a struggling consumer / prosumer market may mask a larger than 8.5% growth in DC.
It depends when MI cards where sold. Still, R7 is a DC/Pro card first and it shows AMD made the right move going for that market than gamers.

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post #7 of 13 (permalink) Old 01-30-2019, 05:16 AM - Thread Starter
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Quote: Originally Posted by ZealotKi11er View Post
It depends when MI cards where sold. Still, R7 is a DC/Pro card first and it shows AMD made the right move going for that market than gamers.
Q4 reports includ MI50/60 sales.

About Navi:
Quote:
As we entered 2019, we are preparing to launch our strongest product portfolio ever. In gaming, we will launch our high end Radeon 7 GPU in February, followed by our next generation Navi GPUs later in the year.

In client computing, we started the year with our second generation Ryzen mobile processors and we’re on track to launch our third generation Ryzen desktop processors in the middle of the year. And in the server market, we expect to deliver a significant step function performance increase with the launch of our next generation Rome processors in the middle of the year. I am very proud of what we accomplished in 2018 and even more excited about how our long-term investments are set to pay off in 2019.
https://seekingalpha.com/article/423...nscript?page=3
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post #8 of 13 (permalink) Old 01-30-2019, 05:34 AM
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Dang, i had buy offer at 19.00$ Stocks went down to 19.15$ only. Missed about 10-15% profit T_T

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post #9 of 13 (permalink) Old 01-30-2019, 07:25 AM
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Quote: Originally Posted by D-S-J View Post
It wasn't a jump, more like a recovery.

AMD stock opened at 20.26, went as low as 19.08. After the quarterly results, spiked to 21.21 in after hours trading on 1/29/19. On 1/25/19 AMD stock closed at 21.93. AMD still hasn't recovered even from a few days ago.

Nvidia stock didn't do much better today. But did have an uptick due to AMD quarterly results.

Both are seen as tech stocks with similar product portfolios. So it's not strange if one is affected, both are affected. Nvidia's stock drop on 1/28 cause AMD's stock to drop as well. Today AMD's small uptick caused Nvidia slight uptick as well.
Everyone is getting murdered in stocks right now. AMD exceeding revenue projections is more significant.
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post #10 of 13 (permalink) Old 01-30-2019, 05:33 PM
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Quote: Originally Posted by JackCY View Post
Can we keep the stock speculations and manipulations out of OCN? :/
Tech and science news from Reuters? Really? About a stock? Come on.
I know right?


The only notable news is the fleeting mention of Navi this year.

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