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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: 4, Informative) by Anonymous Coward on Wednesday January 30 2019, @10:31AM

    by Anonymous Coward on Wednesday January 30 2019, @10:31AM (#793968)

    I think you have it reversed. It is intel that requires 1 HP industrial refrigerstion units to cool their new cpus:

    We tracked down the test system the next day and did the full deep dive analysis in our Intel's 28-Core 5GHz Processor And Test System Breaks Cover article. We learned that Intel had in fact used a water chiller to push the processor to 5GHz, which confirmed our suspicions.

    It certainly wasn't a garden-variety chiller, though. The industrial one-horsepower Hailea HC-1000B can pull a peak of 1000W alone, which is a shocking amount of cooling power for a processor that Intel positioned (by omission) as a chip coming to market at 5GHz. We also learned that the test system required a 1300W power supply, so total system power draw for the demo could stretch up to 2300W. In fact, the hideous amount of juice required to power the demo system prevented our contacts from showing us the performance demo privately: The area we were in simply didn't have enough dedicated circuits for the task.

    https://www.tomshardware.com/news/intel-28-core-cpu-5ghz,37244.html [tomshardware.com]

    Starting Score:    0  points
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    Total Score:   4