AMD CEO Su And AMD Q4 2017 Growth That May Not Be as Strong As The Q3 Growth

Lower sales of Game consoles in late 2017 could lead to lower sales for AMD. AMD sells Gaming consoles hardware (CPU and GPU) to Sony (SNE) PlayStation  and Microsoft (MSFT) XBOX. This market sees lower sales in these period and that will effect the Q4 results for AMD as well and AMD will expect slightly lower results in the next 2 month of 2017.

Amd CEO Su _ AMD

Amd CEO Su _ AMD

AMD had a good set of Q3 results in 2017, and Q4 is in the coming horizon. AMD’s progress with a lot of hope and prospects of success is going to continue and get even more dense in next month or two because of new products AMD is going to release. Advanced Micro Devices (AMD) is having a very great year at least comparing last 5 years and if the next gen AMD Ryzen CPUs and RX Vega graphics that are coming early 2018, go as good as the first generation, you should expect a rising momentum in AMD 2018 Q1 results. Lisa T. Su AMD CEO said to Tiernan Rayin (from Barons) in an interview that commercial use of the Blockchain “has long-term opportunities that are interesting,” to AMD and can be an important source of growth for AMD’s GPU business. Despite the good results of Q 3, it didn’t prevent the AMD shares from sinking $1.59, or 11%, to $12.66, in late trading. Su mentioned that AMD had  26% rise in revenue and the improving gross profit margin, Su says: AMD “made excellent progress” during the 3rd quarter. Su mentioned “Ryzen Mobile” new Ryzen notebook chips, and that sales of GPU chips were lifted by use in Blockchain applications. AMD has recently planned to make the Next ATARIBOX with ATARI. That also is going to be a game player in 2018 Q1 results But what about the 2017 Q4?

Su Mentioned in the interview that Q4 2017 tends to not be as strong for sales as Q3, Because AMD sells Sony (SNE) and Microsoft (MSFT) the CPU for their gaming consoles, sees lower sales and that will effect the Q4 results and AMD will expect slightly lower results in the next 2 month of 2017.

“I’m actually quite happy with it.” Lisa T. Su AMD CEO said about the job AMD has done recently.

“My big theme has been really transforming AMD into a growth company,” she said. “That’s the center of our attention. I’m pleased with the results. Our business is accelerating. In the first half of the year, we were up 18% to 19% [in revenue growth, year over year]. The second half, we are up in the mid twenties [percentage revenue growth].” Lisa T. Su AMD CEO said.

“That acceleration is important, it shows the strength in our new products, the ramps are going well, the products are well positioned in the market.” Lisa T. Su AMD CEO said.


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Tags:

Technology, AMD, NVIDIA, AMD CEO Lisa T. Su, AMD q3 2017, AMD q4 2017, AM growth, AMD drop growth, AMD in 2018

Mohsen Daemi
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