AMD (AMD)  will be a highlight of this week’s earnings lineup, with the chip leader set to release its Q2 report after-market hours on Tuesday, August 5.Like Nvidia (NVDA) , which is scheduled to report later in the month, AMD stock has been performing well due to a combination of strategic product launches, strong AI demand, and favorable market conditions.Recently hitting a 52-week high of $182 a share, let’s see if fresh peaks are in store for AMD stock as its Q2 earnings approach. AI Momentum & Data Cen ...

Hi, I'm Vik Malyala, President and Managing Director for Supermicro EMEA. We are here at MWC. I'm super excited to present what we are doing together with AMD in bringing the most advanced and energy efficient solutions for our customers, whether they are focusing on training, inferencing, edge, or telco, whatever it may be, how we are actually bringing the value together.What we have here is the liquid-cooled systems, focusing on AI, primarily on training, as well as inferencing for people who are wanting ...

又是SemiAnalysis的一篇分析，Dylan似乎非常执着于对比NVDIA和AMD GPU的各种表现，包括参 数、性能、价格、市场等。之前已经专门写过两篇文章来分析AMD GPU的问题了，而且也被苏妈约 谈过一次了。而今天这篇文章，SemiAnalysis的团队更是花了6个月的时间，来对比两家公司的推理 性能。并最终给出了总拥有成本和租赁市场分析等各种结果。最后也给出了最重要的一个解释：为 什么除了超大规模云服务提供商外，几乎没人使用 AMD 的产品？ 下面就看下SemiAnalysis的这6个月时间，都对比了哪些内容？原始报告已放到星球。报告内容实在 是太长了，53页的pdf，我们就截取文中的重点内容来介绍一下。 测试背景与目标 长期以来，市场上一直存在 AMD 的 AI 服务器在总体拥有成本（TCO）下推理性能优于 NVIDIA 的 说法，为了验证这一说法，研究团队耗时 6 个月对两家公司的推理解决方案展开全面分析与基准测 试。原本以为能得出简单明确的答案，但实际结果远比预期复杂且令人惊讶，不同任务类型如聊天 应用、文档处理 / 检索、推理等场景下，两者的性能表现存在明显差异。对于直接拥有和运营 GP ...

Core Viewpoint - AMD reported strong Q1 2025 earnings with a revenue of $7.44 billion, exceeding analyst expectations, but the stock has seen a decline of 17% year-to-date [1][2] Financial Performance - Q1 revenue reached $7.44 billion, a 36% year-over-year increase, surpassing the expected $7.12 billion; gross profit was $3.74 billion, up 46% year-over-year, with a gross margin of 50% [2] - Operating profit margin stood at 11%, with a profit of $710 million and an adjusted EPS of $0.96, better than the anticipated $0.94 [2] Business Segment Analysis - **Data Center Segment**: Revenue of $3.7 billion, a 57% year-over-year increase, driven by sales of EPYC CPUs and Instinct GPUs, outperforming the expected $3.66 billion [5] - **Client and Gaming Segment**: Revenue of $2.9 billion, a 28% year-over-year increase; client revenue was $2.3 billion, up 68% due to strong demand for Zen 5 architecture Ryzen processors, while gaming revenue fell 30% to $647 million due to a decline in semi-custom business [5] - **Embedded Segment**: Revenue of $823 million, a 3% year-over-year decrease, reflecting mixed demand in end markets [6] Guidance Under Tariffs - AMD anticipates a $700 million reduction in sales for its MI308 product due to new licensing requirements, impacting Q2 revenue; the annual revenue impact is projected at $1.5 billion [7] - Q2 revenue is expected to be around $7.4 billion, slightly above analyst expectations, with a non-GAAP gross margin forecasted at approximately 43% [7] - CEO Lisa Su expressed confidence in the company's performance despite tariff impacts, citing four consecutive quarters of accelerated year-over-year growth [7] Market Share Insights - AMD's CPU market share increased from 38.7% to 40.1%, with significant gains across all segments [8] - Desktop market share surpassed Intel at 50.3%, while laptop share rose to 28.2% [10] - Server market share reached a historic high of 31.6%, up from 16.2% in the previous quarter [10] GPU Market Dynamics - Despite a 62% year-over-year increase in capital expenditures among North America's top four cloud providers, AMD has not gained significant market share in the cloud business, remaining behind NVIDIA [11][12] - New product developments include the MI325X and MI350, with the latter expected to significantly enhance performance [12] Price Target Adjustments - HSBC raised its price target for AMD from $70 to $75, while Mizuho and Jefferies lowered their targets from $120 to $117 and from $120 to $100, respectively [13]