AMD results show marked improvement
 

Shut your mouth Intel and look at my wad!

AMD has surprised Wall Street and Intel fanboys by reporting better than expected first quarter results.

For a while now Intel fanboys have been getting more militant in insisting that AMD is doomed, and Wall Street has been inclined to agree with them. However all that requires a rethink after AMD revenue in the first quarter jumped 40 percent year over year, AMD said. The biggest gains came from the company's Computing and Graphics Business Segment, which climbed 95 percent to $1.12 billion.

AMD also provided a forecast that topped estimates. The company said it's expecting $1.72 billion in revenue, give or take $50 million, in the second quarter, compared to analyst expectations for sales of $1.58 billion.

CEO Lisa Su said on a conference call with analysts after the earnings report came out that AMD expects that companies will come out with 60 systems based on its Ryzen PC chip architecture by the end of the year.

AMD's Enterprise, Embedded and Semi-Custom segment declined 12 percent to $532 million, primarily due to a drop in semi-custom revenue, which includes chips customised for game console makers. The semi-custom decline is connected to a gain in licensing business that happened in the first quarter of last year - specifically around a gaming console.

With its Epyc server chips, AMD has been trying to gain share in a market dominated by Intel. The chipmaker continues to expect to have mid-single-digit server chip unit share by the end of the year, Su said.

https://fudzilla.com/news/46151-amd-...ed-improvement