AMD beat earnings, server market share grows. There revenue is more than half of Intel now.
This is not good! Time to question all the fake narratives and the goals this company has.
6 replies (most recent on top)
AMD will buy Intel in 10 years.
rofl
AMD server market share reached 28%. I hope within 2 years it crosses 50% mark.
re AMD I'd rather have the strong top line growth and gross profit... net income is no biggie, those are expenses that can be managed easily... such as through layoff, etc., ha ha ha ha
It's not all sunshine and bunnies for AMD. While revenue was up 29%, and gross profit up 13%, net income was down 93% (compared to Q3 2021).
Still, the earnings report states that there Data Center segment is up 45% year-over-year and that makes them a huge threat to Intel.
Nvidia is also a big problem for Intel, can't wait to read their earnings report later this month.
I am invested in all three and actually own more Intel stock than AMD and Nvidia because of RSU's, ESPP, and shares that I bought after leaving the company a couple years ago. INTC is the worst performer of the bunch; which is disappointing, I'd like to see them do better.
Disheartening... AMD Q3 revenue up +29% Y/Y... vs. Intel Q3 revenue down -15% Y/Y