Items tagged with APUs

It was a mixed set of announcements from AMD last night, with some positive news for the chip manufacturer, but some long-term projections that sent investors skittering. This was Lisa Su's first quarterly announcement after taking over the CEO position barely a week ago, and she opened with good news -- not only did AMD turn a small profit on the quarter -- $17M net income ($63M operating income) on revenue of $1.43B -- it's secured two new semi-custom deals expected to provide roughly $1B in revenue over the next three years. That works out to around $84M per quarter -- not an enormous amount,... Read more...
Earlier this week, AMD's Chief Financial Officer, Devinder Kumar, gave a presentation at Bank of America Merrill Lynch's Global Technology Conference. He covered several aspects of AMD's several year turnaround, its focus on new product strategies, and the company's long-term goal to earn 50% of its revenue from the non-PC market by 2015. Obviously winning all three consoles was a major coup for AMD's business and underwrites a substantial section of its long-term revenue plan, but Kumar's answer when asked what AMD expects from the console market long term is rather interesting: Q: How do you... Read more...