AMD is focused. Those three words best describe AMD’s quarterly results, growing in revenue from $1.03 to 1.22 billion (YoY). Biggest gain was recorded in the Radeon and Ryzen business, i.e. Computing and Graphics. That business segment grew 51%, recording full quarter of RYZEN revenue, and of course, growth in eSports and surprisingly to Wall Street, cryptocurrency demand. In an recorded interview with Sushie Gharib from Fortune, AMD CEO Lisa Su stated that “there is no one thing in magic, when it comes to turning around large corporations, but it is all about focus.” Gong back to the drawing board with CPU and GPU roadmaps
For the first time since the acqusition of ATI Technologies Inc., in 2006, AMD / RTG is preparing a launch of a new product line-up. If you thought that merger between Continental and United Air Lines lasts for too long, think of this – AMD had engineers between Server and Desktop CPU teams and the APU team not talking to each other nine years (!) after the integration of ATI Technologies into the AMD family. Luckily, things are finally changing (after both Intel and NVIDIA walked all over AMD, taking full advantage of AMD’s mistakes due to its HEO 1.0 – ‘Heterogeneous Engineering Organization’) and the company is getting ready
Friday evening in the U.S. is typically the ideal time for a media outlet to break a story that could wreak havoc on Wall Street on Monday morning, leaving just the enough time to gather traction and positioning on search engines. Thomson Reuters probably did just that. Hot on the heels of successful APU and GPU announcements, with the launch of its “Carrizo” APU and Radeon 300 graphics cards, as well as breakthrough Fiji graphics processor; AMD’s stock finally started to post healthy gains. After being ‘in the wild’, losing 40% of its value over the past 12 months, falling to levels last seen in
Shareholder vote passed, AMD is splitting into AMD and AMD Global Foundry on March 2, 2009.