News AMD 3Q Earnings Report

[Hitman928]

AMD will announce 3Q earnings after the market closes today. I will update this post as info comes out.

In the mean time, saw this on [WCCF]

AMD Outsells Intel in Korea for First Time in History, Doubles Sales in Europe

Once again AMD finds itself making headlines ahead of its earnings report tomorrow for the headway its products have recently been making around the world. In Korea, the company's processors have reportedly outsold Intel's for the first time in history. According to the research arm of...

wccftech.com

AMD has traditionally done very well in the do-it-yourself channel market, where customers buy parts separately and build their own PCs. Although the pre-built OEM market has been much much harder for the company to penetrate, due to Intel's multi-decade long entrenchment in that space.


Which is precisely why this is such a big deal, AMD has rarely ever outsold Intel in the pre-built market and it has in fact never done so in Korea, a market where both of AMD's competitors NVIDIA & Intel have traditionally been very strong in.

I'm not familiar with the Korean market so I don't know how big it is or how much it is driven by more boutique builders or by large OEMs. A European report linked in the WCCF article states that AMD rose from 7% to 12% of pre-built machines in 3Q in the European region. It will be interesting to see what AMD reports today in their quarterly earnings.

 

[liahos1]

I retired from a fortune 500 company. I was very high up in the tech /support section, but the people buying the servers had no idea what they were buying. Their only thoughts were "Intel is the only real CPU". Morons. Without going into all the details, there was one person who supported me, and recognized my accomplishments. When I pointed out a few facts one day on a point he agreed with me on, (he was the CFO of my division, BTW), his comment was "its beyond my pay grade to affect such a change." The problem was, his boss the SENIOR CFO was a moron, who knew nothing about anything technical.

As for the "I seem to know so little" we don't take lightly to insults in the tech forums. You can disagree, but no personal attacks.

As for the curb-stomping, Even Toms hardware, and every review site I have seen have backed me up, they are handing Intel a thrashing in the server sector, not just beating them.

Yet intel grew dcg by 1.4bln in q3 sequentially and amd grew epyc 70-80mln. Who is curb stomping who in the real world?

 

[Hans de Vries]

Curiosity, have you actually worked for a Fortune 50 company? You talk a lot about Enterprise solutions, but you seem to know so little. What is your real life enterprise experience vs. having a few computers in your possession?

You seem to assume that these Fortune 500 companies would have already started to apply mayor changes to their server infrastructure within the 7 weeks that remained in Q3 after the initial Zen2 EPYC launch and that should have been reflected in the Q3 results...

Well of course not. Still a nice 50+% sequential growth for EPYC though.

 

[Soulkeeper]

This reminds me of the athlon xp days with the lead up to athlon64. Everyone got so excited when they posted some positive earnings, but it was gone in a heartbeat. They can't let their guard down or it's all gone fast. Ultimately these earnings are small in the grand scheme of things. Intel and nvidia are hungry.

 

[Markfw]

Yet intel grew dcg by 1.4bln in q3 sequentially and amd grew epyc 70-80mln. Who is curb stomping who in the real world?

Didn't I say in performance ? And that it would take a while for financials to catch up ? You need to READ what I wrote instead of insulting me.

 

[Hitman928]

How about breaking out how EPYC is doing in their segment vs Xeon? You want to talk about Consoles, but let's talk about the real market and differentiation. Do you have numbers for that? It's spectacular to say EPYC is doing great, with no actual DATA.

As Olikan mentioned, Epyc sales grew more than 50% sequentially in both revenue and volume and last quarter Epyc had significant growth both Y/Y and Q/Q, so your Epyc speculation based upon the overall Enterprise, Embedded, and Semi-Custom group performance seems to be totally wrong.

They usually break things down with more granularity during the conference call if someone asks them to so we'll hopefully get more details when the transcript gets posted.

 

[moinmoin]

Who is curb stomping who in the real world?

In actual real world? Nobody. (If it ever does actually happen please take a photo and share with us. And call the police while you're at it.)

 

[Markfw]

Yet intel grew dcg by 1.4bln in q3 sequentially and amd grew epyc 70-80mln. Who is curb stomping who in the real world?

From Tomshardware:
"AMD's hotly-anticipated 7nm EPYC Rome processors also finally began shipping in volume, leading to a 50% quarterly increase in EPYC sales. "

 

[jpiniero]

From Tomshardware:
"AMD's hotly-anticipated 7nm EPYC Rome processors also finally began shipping in volume, leading to a 50% quarterly increase in EPYC sales. "

Wall Street, being Wall Street, I bet expected AMD to do more than 50%.

 

[LikeLinus]

I retired from a fortune 500 company. I was very high up in the tech /support section, but the people buying the servers had no idea what they were buying. Their only thoughts were "Intel is the only real CPU". Morons. Without going into all the details, there was one person who supported me, and recognized my accomplishments. When I pointed out a few facts one day on a point he agreed with me on, (he was the CFO of my division, BTW), his comment was "its beyond my pay grade to affect such a change." The problem was, his boss the SENIOR CFO was a moron, who knew nothing about anything technical.

As for the "I seem to know so little" we don't take lightly to insults in the tech forums. You can disagree, but no personal attacks. Are you responding as a MOD or a poster???

As for the curb-stomping, Even Toms hardware, and every review site I have seen have backed me up, they are handing Intel a thrashing in the server sector, not just beating them.

So the actual answer is, no, you have not. I'm amazed you can call others morons, but you want to talk about how I say "you seem to know little" about how an actual IT department works, is a personal attack? It's not an attack, it's a factual statement, not an insult.

Also, for others, EPYC was released in mid-2017. It's not hard to gain a quarterly increase from almost nothing to virtually nothing, lol.

No one is "actually" curb-stomping anyone. Some people just like to use that statement in other threads and it's a bit funny.

Curiosity, people keep saying that EPYC had a huge gain in 3Q vs 2Q. What are the actual number of units shipped QvsQ? It's great to sit around and say such, but what is the actual data? I'm just curious and haven't seen anything.

 

[Markfw]

So the actual answer is, no, you have not. I'm amazed you can call others morons, but you want to talk about how I say "you seem to know little" about how an actual IT department works, is a personal attack? It's not an attack, it's a factual statement, not an insult.

Also, for others, EPYC was released in mid-2017. It's not hard to gain a quarterly increase from almost nothing to virtually nothing, lol.

No one is "actually" curb-stomping anyone. Some people just like to use that statement in other threads and it's a bit funny.

Curiosity, people keep saying that EPYC had a huge gain in 3Q vs 2Q. What are the actual number of units shipped QvsQ? It's great to sit around and say such, but what is the actual data? I'm just curious and haven't seen anything.

I worked in IT for 34 years, the last 15 as a supervisor. Yet you say its a fact that I know little about how IT works ? That NOT fact thats an opinion.

As for EPYC. the 2017 release was a good series, but the current chips are far better, the ones that set all the worlds records.

 

[LikeLinus]

I worked in IT for 34 years, the last 15 as a supervisor. Yet you say its a fact that I know little about how IT works ? That NOT fact thats an opinion.

As for EPYC. the 2017 release was a good series, but the current chips are far better, the ones that set all the worlds records.

Where did I factually state that you know nothing? I made an observation that said " but you seem to know so little.". Do I need to break out the dictionary for you and show you what the definition of SEEM means? SEEM does not mean FACT. It's neither an insult or a fact, it's a mere observation and potential opinion based upon what I've seen.

 

[Markfw]

Where did I factually state that you know nothing? I made an opinion that said " but you seem to know so little.". Do I need to break out the dictionary for you and show you what the definition of SEEM means? SEEM does not mean FACT. It's neither an insult or a fact, it's a mere observation and potential opinion based upon what I've seen.

So your quote "It's not an attack, it's a factual statement, not an insult. " is not saying you think its a fact ?

 

[LikeLinus]

So your quote "It's not an attack, it's a factual statement, not an insult. " is not saying you think its a fact ?

It's a factual statement that you've never worked for a Fortune 50 company and know how an IT department works for said large companies. Let's not take it out of context and post the whole thing.

My point being, companies with large organization IT structures are not going to move to AMD because of 1 year of decent chips. You should know why, if you've worked in IT for that long. You NEVER bet your job on an unproven product in such a large organization.

 

[TheGiant]

So the actual answer is, no, you have not. I'm amazed you can call others morons, but you want to talk about how I say "you seem to know little" about how an actual IT department works, is a personal attack? It's not an attack, it's a factual statement, not an insult.

Also, for others, EPYC was released in mid-2017. It's not hard to gain a quarterly increase from almost nothing to virtually nothing, lol.

No one is "actually" curb-stomping anyone. Some people just like to use that statement in other threads and it's a bit funny.

Curiosity, people keep saying that EPYC had a huge gain in 3Q vs 2Q. What are the actual number of units shipped QvsQ? It's great to sit around and say such, but what is the actual data? I'm just curious and haven't seen anything.

I"ll give you and open response
as much I like my 3900X, the 70MB of cache with 7nm has to cost something
as I said in other threads, I had doubts that AMD would make serious money with their marketing/product/pricing decision and incentives they built
AMD is engineering not business company and arguments you see here are pure technical/product

this is not a good place for business engineering - I learned ppl here consider it "low"

I get your point, buy you made a mistake to piss on AMD here...you cant do that, you can only piss only on Intel

looking at the numbers, it almost looks like Intel and AMD are owned by someone behind to keep AMD just here because of antimonopoly rage, every 10-15 years they make a decision for AMD to shine and employ company destruction managers to Intel to create a bubble of competition
man, this is pure incompetence by AMD to get such a results with products they have in current times- its not 2002 to bribe even your mother to buy that crap of p4

 

[Markfw]

It's a factual statement that you've never worked for a Fortune 50 company and know how an IT department works for said large companies. Let's not take it out of context and post the whole thing.

No its not a fact. While I don't want to put my companies name in here, it is a fortune 500 company and I do know how an IT department works.

 

[LikeLinus]

I get your point, buy you made a mistake to piss on AMD here...you cant do that, you can only piss only on Intel

At least someone finally gets it I have both AMD and Intel, but it's pitiful that you can't mention Intel without getting a load of crap. There's a lot of hypocrisy. Back to the curb-stomping....

 

[LikeLinus]

No its not a fact. While I don't want to put my companies name in here, it is a fortune 500 company and I do know how an IT department works.

Buddy, I'm not asking you to list the companies you work for. I was making a point. Enjoy your evening. AMD is a wonderful company.

 

[Markfw]

Buddy, I'm not asking you to list the companies you work for. I was making a point. Enjoy your evening. AMD is a wonderful company.

No, you were insulting me , and calling me a liar.

And AMD is just a company, like Intel, and in corporate, they proably are both just as corrupt. But at the moment, AMD has better products, most likely due to Intels incompetence on 10nm, which was most likely caused by moron managers like the ones I mentioned.

 

[LikeLinus]

No, you were insulting me , and calling me a liar.

I did? I asked you if you worked for a Fortune 50 company. You replied you worked for a Fortune 500 company. I said "so the answer is no". How exactly did I call you a liar? I never did such and worked off the information you provided.

If you have evidence that I called you a liar, please feel free to provide it. I may have questioned your expertise in the field of IT, but I never insinuated you were lying. Please, feel free to prove me wrong.

Edit: No, I was not suggesting either company is corrupt. I was making the point that any IT employee worth their job, would never recommend or deploy a brand new CPU from a company that has historically not been used in this environment. Would you have recommended Apple Xserve RAID to your company? Smart employees are going to use what is tried and true. You are looking for the "ultimate" performance, but companies want stability and can run machines with multi-processors and the cost is really not a huge issue.

 

[Hitman928]

Curiosity, people keep saying that EPYC had a huge gain in 3Q vs 2Q. What are the actual number of units shipped QvsQ? It's great to sit around and say such, but what is the actual data? I'm just curious and haven't seen anything.

AMD doesn't typically break down earnings in terms of volume of sales, so you're asking for something that no one can provide. What AMD has said is that they expect to be above 10% server market share by mid next year. While this is obviously still a small percentage of sales, as you mentioned, AMD had to basically start from zero and things move slowly in the enterprise world. If you look at the Opteron ramp back when AMD introduced the first x64 chips, it took 2+ years for AMD to break 10% server market share. Then a year after that they were above 20%.

It takes years for enterprise to react, especially when that action is against entrenched technology providers. Anyone expecting a quick jump to 50% server market share doesn't know how the industry works and hasn't been listening to AMD's own projections. With that said, after they break the first 10%, the next 10% should come much quicker. Then the battle starts at intel 7nm vs. AMD on TSMC 5 nm or possibly even a more advanced node depending on how things play out.

The reason people are so bullish on AMD right now isn't because of their current earnings, it's because they see that according to the best info we have, intel doesn't have a response to AMD's products from a technical perspective until late 2021 at the earliest, probably not until 2022. So AMD has a clear path for significant increases in market share and profitability through the next 2 years if they just continue to execute like they have the last 2 years. Of course lots can happen in that time frame but for now, that's the outlook.

 

[LikeLinus]

AMD doesn't typically break down earnings in terms of volume of sales, so you're asking for something that no one can provide.

Although a lot of people sure seem to know how EPYC is doing. Despite the results saying they are down 27% YOY. So that is why I asked. And I completely understand the lag, but Intel saw an uptick in that segment. People are saying that is because companies are worried about tariffs. Where is all of that in the conversation about AMD? Not to mention that those Intel customers are going to be held over for the next year, giving Intel time to get to where they need to be.

But, as you said, a lot can happen. At least you are reasonable and not suggesting that AMD is "curb-stomping" Intel. When the reality, in the largest market, is not true.

 

[Markfw]

I did? I asked you if you worked for a Fortune 50 company. You replied you worked for a Fortune 500 company. I said "so the answer is no". How exactly did I call you a liar? I never did such and worked off the information you provided.

If you have evidence that I called you a liar, please feel free to provide it. I may have questioned your expertise in the field of IT, but I never insinuated you were lying. Please, feel free to prove me wrong.

Edit: No, I was not suggesting either company is corrupt. I was making the point that any IT employee worth their job, would never recommend or deploy a brand new CPU from a company that has historically not been used in this environment. Would you have recommended Apple Xserve RAID to your company? Smart employees are going to use what is tried and true. You are looking for the "ultimate" performance, but companies want stability and can run machines with multi-processors and the cost is really not a huge issue.

First, I assumed it was a typo that you said fortune 50 company. Why ever talks about those ? Second, AMD was (in the Opteron days) a better choice, but new, and nobody would accept them due to Intels advertising, Now, 10 years later, they have a products that is clearly superior, on a tested platform, and still they struggle to get IT managers to buy them for exactly the same reason, Intels "image". I never agreed with corporate, and for years, it got me in trouble. Then when management realized I knew what I was doing, it got me promoted. But I ran into a wall at the top, and so I gave up and retired.

Don't ever question MY IT experience. Just because I did not go with the mainstream does not mean I was wrong.

 

[LikeLinus]

You seem to assume that these Fortune 500 companies would have already started to apply mayor changes to their server infrastructure within the 7 weeks that remained in Q3 after the initial Zen2 EPYC launch and that should have been reflected in the Q3 results...

Well of course not. Still a nice 50+% sequential growth for EPYC though.

Nope, I don't. I don't listen to marketing either. Going from 500 CPUs sold to 1,000 CPUs is NOT impressive. If no one knows the actual number of units sold, then it's just marketing, lol. Devil's Advocate. The unit as a whole is down 27%, so telling me they have a 50% increase is pointless.

 

[Markfw]

Nope, I don't. I don't listen to marketing either. Going from 500 CPUs sold to 1,000 CPUs is NOT impressive. If no one knows the actual number of units sold, then it's just marketing, lol. Devil's Advocate. The unit as a whole is down 27%, so telling me they have a 50% increase is pointless.

Did you read the replies above ? EPYC is not down 27%, the division is. EPYC is up 50%

 

[positivedoppler]

Nope, I don't. I don't listen to marketing either. Going from 500 CPUs sold to 1,000 CPUs is NOT impressive. If no one knows the actual number of units sold, then it's just marketing, lol. Devil's Advocate. The unit as a whole is down 27%, so telling me they have a 50% increase is pointless.

From a product pov, it's a curb stomp. From a sales/ profit pov, it's a curb stomp the other way which is a shame. AMD generating more sale at Intel's expense is a win for everyone not Intel. 28 core Xeon sets me back 13K. 64 core Epyc is 7K. I reduce my cost by 1/4 and my reoccurring VMWare cost by 1/2 if I can convince everyone to go AMD. Epyc is a vastly superior product. But I get your point, it's tough fighting the nobody ever gets fired by buying Intel mentality. We only use AMD as a bargaining chip against Intel. Remember earlier this year when Intel was offering an amd discount if you consider Epyc?