AMD 2Q 2020 Earnings Result
ir.amd.com
ir.amd.com
Q2 2020 GAAP AMD INTC
----------------------------
Revenue $1.93 $19.7
Gross Margin 44% 53.3%
op. income $0.173 $5.7
net income $0.157 $5.1
(billions)
https://www.intc.com/investor-relations/investor-education-a...
Relatively little to show for in the Enterprise Market. Considering this quarter even Intel manage to grow 43% YoY in their DataCenter Market Segment, AMD with a much better offering, very low Baseline ( Last year it was still Zen 1 ) only managed to double their EPYC Revenue YoY. AMD claiming they have finally reached 10% of Server Market Shipment.
It is good, but not good enough. Market seems to be buying Intel is dying rather than AMD is doing great.
I just hope they have their Zen 3, RDNA2, CDNA all well planned out.
Computing and Graphics segment revenue was $1.37 billion, up 45 percent year-over-year and down 5 percent quarter-over-quarter. Revenue was higher year-over-year driven by strong Ryzen processor sales. The quarter-over-quarter decline was due to lower graphics processor sales.
For the third quarter of 2020, AMD expects revenue to be approximately $2.55 billion, plus or minus $100 million, an increase of approximately 42 percent year-over-year and 32 percent sequentially. The year-over-year and sequential increases are expected to be primarily driven by Ryzen and EPYC processor sales and next generation semi-custom products. AMD expects non-GAAP gross margin to be approximately 44 percent in the third quarter of 2020. Gross margin is expected to increase year-over-year primarily driven by Ryzen and EPYC processor sales.
anyone any idea why? are they finally attacking Nvidia on the ML front? (one can hope)