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AMD Announces Preliminary Third Quarter 2022 Financial Results

finance.yahoo.com

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Re: AMD Announces Preliminary Third Quarter 2022 Financial Results

#5
post #2

AMD PRELIM 3Q REV. ABOUT $5.6B, EST. $6.71B AMD CITES WEAKER CLIENT SEGMENT REVENUE AMD: WEAKER THAN EXPECTED PC MARKET, INVENTORY CORRECTIONS

What would Q3 revenue have been without the Xilinx acquisition?

The new Zen 4 based Ryzen 7000 series was not released yet either, but was very anticipated. There's likely some impact there on overall sales as folks wait for the next-gen to release.

Looks like AMD stock might be going on sale...

Re: AMD Announces Preliminary Third Quarter 2022 Financial Results

#6
post #3

That seems like a really bad sign, tbh.

Not necessarily, because it just confirms what everyone already suspects: we're in a recession. Also, AMD announced "just" 29% y/y growth with 42% gross margin. If anything, it's a bad sign for Intel as they probably considerably shrunk in Q3.

Re: AMD Announces Preliminary Third Quarter 2022 Financial Results

#8
post #5

Earlier quoted context omitted.

What would Q3 revenue have been without the Xilinx acquisition?

The new Zen 4 based Ryzen 7000 series was not released yet either, but was very anticipated. There's likely some impact there on overall sales as folks wait for the next-gen to release. Looks like AMD stock might be going on sale...

if consumers are hit by inflation, are they splurging for new gaming/PC components?

Re: AMD Announces Preliminary Third Quarter 2022 Financial Results

#9
post #5

Earlier quoted context omitted.

The new Zen 4 based Ryzen 7000 series was not released yet either, but was very anticipated. There's likely some impact there on overall sales as folks wait for the next-gen to release. Looks like AMD stock might be going on sale...

if consumers are hit by inflation, are they splurging for new gaming/PC components?

Fair point, but overall I'd probably wager yes. PC gamers routinely throw big money behind small gains, even when it doesn't make financial sense. Your typical PC gamer is likely more "in tune" with new tech releases than a console gamer as well, and would be more likely to know next-gen is about to be available (not just CPU's either).
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