backtop


Print 92 comment(s) - last by Targon.. on Jul 31 at 4:24 PM


Robert J. Rivet, AMD Executive Vice President and Chief Financial Officer  (Source: AMD)
Just a day after Intel's Q2 performance report, it's now AMD's turn

Yesterday, DailyTech 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 graphics family.

"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.



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

RE: 1.2 Billion in Losese Total Now
By wordsworm on 7/20/2007 11:25:47 PM , Rating: 2
Aren't GPUs and Itaniums (albeit Intel) also being produced using 90nm? Can a fab change from a CPU manufacturer to a GPU manufacturer?


RE: 1.2 Billion in Losese Total Now
By Viditor on 7/21/2007 12:15:22 AM , Rating: 2
quote:
Aren't GPUs and Itaniums (albeit Intel) also being produced using 90nm?

Yes...
quote:
Can a fab change from a CPU manufacturer to a GPU manufacturer?

Yes...or DRAM, or chipsets, etc...


RE: 1.2 Billion in Losese Total Now
By wordsworm on 7/21/2007 2:16:23 AM , Rating: 2
I therefore find it confusing as to why people would be suggesting that the fab is worthless. You mentioned that they're converting it to 65nm/300mm. Nonetheless, I don't see how they concluded that its fab is useless.


RE: 1.2 Billion in Losese Total Now
By Viditor on 7/21/2007 2:29:15 AM , Rating: 2
quote:
I therefore find it confusing as to why people would be suggesting that the fab is worthless


In fairness to defter, he is probably going by older prices for Fabs. Back when Fab 30 was first being built, a new Fab was costing in the $2 Billion range...now it's closer to $4 Billion (in fact just the upgrade to Fab 30 is $2.2 Billion).

You are correct though, Fab 30 is FAR from worthless as an asset...


"We’re Apple. We don’t wear suits. We don’t even own suits." -- Apple CEO Steve Jobs














botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki