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AMD Reports Q4/FY 2020 Earnings: Record Revenues Repeat
- ChuckNorris89 6y agoNot really surprising news though since It's been a record year for anything semiconductor or tech related. Even Intel's outdated 9th and 10th gen chips were flying off the shelves and anything truly innovative (RTX 3000 GPUs, Ryzen 5000 CPUs) were paper launches for most consumers with the label "OUT OF STOCK" describing the overall situation.
- jeffbee 6y agoAMD recently announced that the situation with the Ryzen 5000 will continue at least through the end of this quarter. They might as well not exist. If Intel launches Rocket Lake-S in volume — and why wouldn't they, since that 14nm process must be pretty well dialed in by now — they might have the best product on the market again.
- mjevans 6y agoI would really, desperately, like a more equitable way of distributing the option to buy these parts. I absolutely refuse to pay scalpers and let them win... but many others quite obviously are. Is there some way for me as a consumer to get into a pool and wait for RNG to give me a shot at buying the parts I need for my normal refresh cycle? My 6 year old desktop was due for it's rebuild this last year. X.X
- aarongolliver 6y agoEVGA has a sign up sheet. They'll email you when it's your turn and you have some number of hours to complete the order (don't remember the exact amount of time you get). Note that at this point it'll likely be months before you make it to the head of the line.
- mjevans 6y agoI just checked; sadly it seems to only be for Nvidia hardware, which has very crummy open source driver support on my OS of choice: Linux.
- ficklepickle 6y agoThis would be a great option that retailers could implement. A small deposit would give you a lottery entry, max one per person. Any problems come to mind?
- buzzy_hacker 6y agoAs someone who knows nothing about this space, is there a reason GPU manufacturers don’t increase their prices so they get the extra money that is now going to scalpers, and then reinvest that into manufacturing so they can increase supply and then lower prices back to current levels but with stock?
- mjevans 6y agoI don't know; and I'd at least be happier with a dutch auction approach where AMD got the lions share of sales of their CPUs and GPUs so that the money could be invested in either more products soon, or better development later. At least in that case economically unnecessary middle-person impediments to customer fulfillment wouldn't reap the creator's profits.
- monkeydust 6y agoI have always brought Intel but my newest machine is now AMD. This was combination of AMD excelling with their new series of processors but also the lacklustre performance of Intel. I would by lying if I said that market perception didn't feed into my decision, it did. I do hope Intel can fight back with their new CEO, ultimately this level of competition should only be a good thing for consumers.
- tomnipotent 6y ago> but also the lacklustre performance of Intel Current-gen Intel & AMD processors are pretty much neck-to-neck in both performance and price.
- Jonnax 6y agoHow about power consumption? Or PCIe Gen 4 support? I wouldn't say Intel has anything worth looking into if you want 32 or 64 cores on the desktop.
- modzu 6y agowell, the Intel chips actually exist
- tomnipotent 6y agoGamers Nexus found negligible impact from PCIe 4, using RTX 3080 and 4K games to saturate bandwidth so could be a different story from other types of workloads: https://www.youtube.com/watch?v=0DKVVtirNM8 https://www.youtube.com/watch?v=0DKVVtirNM8
- tw04 6y agoI generally don't buy a new PC every year and there's something to be said about future proofing. PCIe 4 may be negligible today, I doubt that will be the case in 2 years when we've been through at least one full graphics card lifecycle and maybe 2, depending on how heated the competition becomes. Even if I were to buy a new CPU, I don't want to buy a new motherboard too just to have access to 4.0 slots.
- klelatti 6y agoFrom all accounts wafer availability looks like its the constraining factor for AMD (and by implication a key factor in Intel's performance). All roads lead to TSMC ....
- jp555 6y ago... and then on to ASML.
- thg 6y agoand from there to Zeiss..
- MangoCoffee 6y ago>All roads lead to TSMC .... there's a need for another foundry like TSMC. Samsung is not cutting it.
- bob1029 6y agoSamsung is really close (relatively speaking). They did recently announce a major expansion of their Austin, TX facilities as well.
- totalZero 6y agoI see it differently. The massive global dependence on TSMC is also a reason why Intel's IDM model is a good thing. More companies should set up their own fabs. We need more foundry, sure -- but I disagree with the "like TSMC" part. I saw two articles that convinced me of this. First, I saw that Germany asked Taiwan to ease the semiconductor shortage's impact on the auto industry. https://www.reuters.com/article/us-taiwan-autos-chips/germany-urges-taiwan-to-help-ease-auto-chip-shortage-idUSKBN29T04V?il=0 https://www.reuters.com/article/us-taiwan-autos-chips/german... Then, I saw that Germany is sending a warship to the South China Sea. https://asia.nikkei.com/Politics/International-relations/Indo-Pacific/Germany-to-send-naval-frigate-to-Japan-with-eye-on-China https://asia.nikkei.com/Politics/International-relations/Ind... UMC is also exposed to geopolitical risk. Samsung too. There's a lot of demand for semiconductor fabrication right now, and I don't think that's going away. Why concentrate all of the capex right on China's doorstep? I just don't see the wisdom of that approach.
- ksec 6y agoGood, but not quite Good Enough. 1. Intel single Q4 is double the revenue of AMD FY 2020. 2. On Consumer they have their Laptop APU launch along with decent GPU lineup against Nvidia. But this translate to 20% YoY. Compared to Intel 10%+ YoY. Remember AMD's baseline is a lot smaller. 10% growth from AMD and 10% from Intel is quite a bit different. 3. Enterprise, Embedded and Semi-Custom looks good on paper with YoY. But reality is that PS5 and Xbox contributed more. Which means Server Sales still isn't anywhere good enough. Intel has been defending their territory exceptionally well, as shown with their latest report with large decrease of ASP. This isn't just some supply constrain. It is also AMD needs to do better forecasting. Although arguably AMD is conservative in nature due to not so long ago they were on the verge of bankruptcy. What is exceptionally good though was their profitability. Even excluding the one off Tax benefits. Their Net Income in 2020 increased by 5X! Edit: Just checked in 2019 they were paying down their debt, which was partly why their net income were low. So 2020 is a true reflection of their profitability. All of a sudden their stock price doesn't look so insanely high.
- AshWolfy 6y agoRemember that intel's cpus is just one division in a much larger company, where amd is mostly just cpus and gpus, so any comparison of revenue is going to make intel look much better
- agumonkey 6y agoAlso what about revenue evolution. If intel used to be 4x and and now only 2x, its a whole different picture.
- ksec 6y agoDoesn't make that much difference really. Intel doesn't have GPU market either. Intel Client and DC are still vast majority of their revenue. Using the example I gave, just these two are $17B in Q4 and $66B in FY2020, vs AMD $9.8B in FY2020. They need to work on their DC sales. As I have been saying since 2018.
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- hehehaha 6y agoIs AMD booking sales before they manufacture the products? I can’t make sense of their sales.
- thehappypm 6y agoI assure you they are not, that goes against every accounting principle! They can however record the cash on their balance sheet.
- scrps 6y agoI can't speak to the bigger picture but I ordered an AMD-based laptop on Dec. 23, initial arrival date was Feb. 2, it was moved five times and is now Apr. 1. When I called I was told they (lenovo) were waiting for AMD to "make more".
- mariusor 6y agoI had to wait for a Ryzen 7 laptop for about 6 months before it was delivered. The shortage of CPUs has affected everyone I believe.
- anthony_r 6y agoLol no, that would be a very serious accounting fraud. That is exactly what Enron did - they used to sign a contract and immediately book all the projected profits. Here's how it works: 1) If the goods weren't delivered and the customer hasn't paid then they're in the inventory on the balance sheet (assuming the goods were already produced) and nothing is in the income statement. 2) If the goods were delivered but the customer hasn't paid then this is in accounts receivable on the assets in the balance sheet and in the revenue in the income statement. 3) If the goods were delivered and the customer has paid then this is in cash on the balance sheet and in the revenue in the income statement. 4) If the goods weren't delivered but the customer has already (pre)paid then this is in cash on the balance sheet, but also in deferred revenue in liabilities, and not in the revenue in the income statement. TL;DR: you can only recognize revenue if you deliver the product/service, until that time it's either just inventory (asset) or inventory(asset)+cash(asset)+deferred revenue(liability). AMD revenue = chips delivered to customers in the quarter.
- stuaxo 6y agoAnd today my laptop froze again because of amdgpu. They need more Linux developers if they don't want their reputation to suffer. The laptop is a Ryzen 2500u so not the newest, the one with a 3700u is worse, it barely boots because HPs amd bios has some glaring bugs.