reported on Intel's
Q2 earnings. The company posted Q2 revenue of $8.7 billion USD, operating
income of $1.35 billion USD and net income of $1.3 billion USD.
Today, it's archrival AMD's turn with regards to financial
performance for the quarter. AMD recorded revenue of $1.378 billion USD, an
operating list of $457 million USD and a net loss of $600 million USD.
This compares with revenue of $1.216 billion USD and
operating income of $102 million USD for Q2 2006.
"While we made solid progress in the second quarter
across a number of fronts, we must improve our financial results," said
AMD CFO Robert J. Rivet. "We achieved a 12 percent sequential revenue
increase, improved the gross margin and won back microprocessor unit and
revenue market share."
AMD appears to have worked out problems that it had in late
2006 with OEM/channel
processor distribution and attributes 38 percent sequential increase in
microprocessor unit shipments to orders from Toshiba, an increased adoption of
AMD-based platforms and strong initial sales of the ATI Radeon HD 2000
"We continue to focus on realigning our business model
and reducing our capital expenditures and cost structure in the second half of
the year," said Rivet.
quote: if AMD doesn't have enough cash to pay interest payments, let alone paychecks, they will be going into bankruptcy
quote: AMD cannot compete against Intel. Not in the Long Term
quote: I think you are confusing losses with cash burn rate...they are NOT the same thing. AMD still has plenty of money. Look closer at what some of those numbers!
quote: However, current results show that their cash increased only by about $400M (1594-1167). Which means that $900M just dissapeared....
quote: They wrote off the rest of the 90nm inventory (they are now on 65nm only) for another $30 Million
quote: Aren't GPUs and Itaniums (albeit Intel) also being produced using 90nm?
quote: Can a fab change from a CPU manufacturer to a GPU manufacturer?
quote: I therefore find it confusing as to why people would be suggesting that the fab is worthless
quote: They are still producing 90nm chips on 200mm wafers