AMD Q2 2015 Financial report is...in a word...bad.

[The Living Tribunal]

Ouch....

Make no mistake, though, things are not pretty. Lisa Su called Q2 a disappointment, and it follows successive quarters of disappointment. Revenue was down, gross margins were down, operating expenses (GAAP and non-GAAP) were up. Last quarter, the company predicted revenues would be flat or up by as much as 3 percent, and that gross margins would be 32 percent (they were actually 25 percent)...

• AMD revenue was $942 million, down 8 percent from Q1 (which was down almost 17 percent from the previous quarter), and 35 percent year-over-year. AMD attributed the quarterly weakness to downward consumer PC demand, and the yearly decline to client and graphics product line sales decreases.
• AMD reported an operating loss for the quarter of $137 million, equal to last quarter's operating loss, and a net loss of $181 million compared with a $180 million net loss in Q1.
• AMD also reported that the computing and graphics part of its business was down 29 percent from last quarter, and 54 percent over the same time period compared to the year prior. The company attributed the quarterly decrease to fewer sales of client notebook processors. The operating loss in this part of the business was $147 million, compared to $75 million in Q1 and just $6 million a year ago.

Not all is lost. Seems that the Xb1 and PS4 have helped (thanks consoles!)

embedded and semi-custom revenues were up 13 percent over last quarter, mostly because of semi-custom SoC wins. The operating income was positive, at $27 million, but down compared with Q1's $45 million and the comparable quarter last year ($97 million), attributable to a charge taken from a node transition.

Linky....

I really want AMD to remain competative. Even though I don't use their CPUs their GPUs are pretty good (Fury X) and even revolutionary for their time (r9 295x2).

However, with Intel gearing up for Broadwell CPUs and then Skylake (14nm CPUs) and then Cannonlake (10nm) after that, AMD definitely needs to shake things up a bit.

It seems like at least they are in fact trying new things with their Fury X using HBM and then with their upcoming new CPU architecture dubbed 'ZEN'.
To me though, it just seems like Intel/Nvidia are always a step ahead.

 

[wshowers]

Ouch....


Not all is lost. Seems that the Xb1 and PS4 have helped (thanks consoles!)



Linky....

I really want AMD to remain competative. Even though I don't use their CPUs their GPUs are pretty good (Fury X) and even revolutionary for their time (r9 295x2).

However, with Intel gearing up for Broadwell CPUs and then Skylake (14nm CPUs) and then Cannonlake (10nm) after that, AMD definitely needs to shake things up a bit.

It seems like at least they are in fact trying new things with their Fury X using HBM and then with their upcoming new CPU architecture dubbed 'ZEN'.
To me though, it just seems like Intel/Nvidia are always a step ahead.

To me it seems like AMD is always a step behind.

 

[Andy]

These are the guys supposedly working with Nintendo on the NX, right?