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AMD PRELIM 3Q REV. ABOUT $5.6B, EST. $6.71B AMD CITES WEAKER CLIENT SEGMENT REVENUE AMD: WEAKER THAN EXPECTED PC MARKET, INVENTORY CORRECTIONS
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?
I have _hard_ decided that I will get something NEW. I'm not getting 2-3 year old retail designs. Hopefully I can this year.
I know very very little about Crypto. Am I correct to assume Radeon GPU are not used much for mining? It seems to be mostly a Nvidia thing.
1.62b shares outstanding * $0.92 EPS = $1,490,400,000
I'm going to guess they didn't make $1.49b in profit this quarter?
AMD PRELIM 3Q REV. ABOUT $5.6B, EST. $6.71B AMD CITES WEAKER CLIENT SEGMENT REVENUE AMD: WEAKER THAN EXPECTED PC MARKET, INVENTORY CORRECTIONS
> Please don't use uppercase for emphasis. If you want to emphasize a word or phrase, put *asterisks* around it and it will get italicized. https://news.ycombinator.com/newsguidelines.html
Earlier quoted context omitted.
> Please don't use uppercase for emphasis. If you want to emphasize a word or phrase, put *asterisks* around it and it will get italicized. https://news.ycombinator.com/newsguidelines.html
Uppercase just means they copy/pasted from Bloomberg in financial news.
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.
Earlier quoted context omitted.
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.
The US govt hasnt announced the recession have they?
Earlier quoted context omitted.
> Please don't use uppercase for emphasis. If you want to emphasize a word or phrase, put *asterisks* around it and it will get italicized. https://news.ycombinator.com/newsguidelines.html
Uppercase just means they copy/pasted from Bloomberg in financial news.
But, okay, clearly the community disagrees with my interpretation of the guidelines!
Earlier quoted context omitted.
if consumers are hit by inflation, are they splurging for new gaming/PC components?
I wasn't able to get my 5 year PC refresh due to the insane demand at the start of the pandemic, when the previous series of parts came out... I have _hard_ decided that I will get something NEW. I'm not getting 2-3 year old retail designs. Hopefully I can this year.