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AMD Financial Results; Released from Wafer Supply Agreement with Global Foundries for 7nm and Beyond

posted by martyb on Wednesday January 30 2019, @05:29AM   Printer-friendly
from the bet-AMD-is-feeling-a-bit-more-chipper dept.

An Anonymous Coward writes:

SANTA CLARA, Calif. - Jan. 29, 2019 - AMD (NASDAQ:AMD) today announced revenue for fiscal year 2018 of $6.48 billion, operating income of $451 million, net income of $337 million and diluted earnings per share of $0.32. On a non-GAAP (1) basis, operating income was $633 million, net income was $514 million and diluted earnings per share was $0.46.

For the fourth quarter of 2018, the Company reported revenue of $1.42 billion, operating income of $28 million, net income of $38 million and diluted earnings per share of $0.04. On a non-GAAP (1) basis, operating income was $109 million, net income was $87 million and diluted earnings per share was $0.08.

[...] Today AMD announced it entered into a seventh amendment to its wafer supply agreement with
GLOBALFOUNDRIES Inc. (GF). GF continues to be a long-term strategic partner to AMD for the 12nm
node and above and the amendment establishes purchase commitments and pricing at 12 nm and above
for the years 2019 through 2021. The amendment provides AMD full flexibility for wafer purchases from
any foundry at the 7nm node and beyond without any one-time payments or royalties.

http://ir.amd.com/static-files/a69f5450-a053-498f-b77d-e3f3ca25f0e9 (pdf)

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  • (Score: 5, Informative) by takyon on Wednesday January 30 2019, @08:04AM

    by takyon (881) <takyonNO@SPAMsoylentnews.org> on Wednesday January 30 2019, @08:04AM (#793940) Journal

    I was just reading an article about AMD's top-of-the-line Ryzen processors. They beat Intel on benchmarks by piling a zillion cores on the chips. Which is laudable and all (if only software actually made use of that many cores), but: nearly 500 watts?! Just how, exactly, are you supposed to dissipate 500 watts of heat off of the CPU? Seriously?

    That's complete bullshit. There is no 500 Watt Ryzen or even Threadripper CPU, and AMD just demoed [overclock3d.net] an 8-core Ryzen 3000-series CPU matching Intel's 8-core CPU while using less power.

    x86 is still dominant in PCs, consoles, and servers.

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