The AMD Execution Thread [2019]

Well, just to get the conversation started, Lisa Su is set to give Wednesday's CES opening keynote:
https://www.ces.tech/Conference/Keynote-Addresses.aspx

I'm not sure whether it's supposed to be a simple exposition of AMD's vision of computing, or whether there might be announcements. I hope it's the latter, which should give us some clue of what to expect for this tread.

 

https://www.anandtech.com/show/13917/amd-earnings-report-q4-fy-2018

AMD's first profitable year since... 2010? 2011? I can't find the info on that.
Though from Ian Cutress' comments, I think they might have pushed forward the hit from GPU excess stock and 2nd-hand sales to achieve that.

It doesn't mean they'll get a bad 2019, but losses during Q1'19 are expected.


Regardless, showing a Q4 YoY growth when pretty most other tech companies took large hits made the company very tempting for investors.


At the same time, AMD is also steadily increasing their R&D budget each quarter.
In Q4 2018 they spent as much as they did in Q2 2010 ($371M).
Though that's still a far cry of how much they were spending between 2007 and 2009 ($430M - $500M), without even adjusting for inflation.

Oh and Intel still spends about 9x more at $3.3 billion.

 

Mubadala divests AMD shares

https://www.marketwatch.com/story/a...-mubadala-tweets-about-share-sales-2019-02-05

 

Graphics card vendors under inventory pressure