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Almost universally, companies exist to make a profit for shareholders.
This has proven a challenge for AMD in the past.
With execution on the 3-stage plan well underway, are there any obvious metrics we can check?
Is there something we can look at to see if genuine progress is being made?
“As a company, we’re executing, which is crucial”, said Byrne. “We have told the market that AMD will not drop below $700m cash on hand going forward, which will fund our initiatives”.
“In Q3 2013 we achieved sequential revenue growth over 26%, with a good inventory position and a cash balance of more than $1 Billion”, said Byrne. “Q4 was up another 9% on that”.
“The future is changing. Now every market needs massive parallelism and that’s an area where AMD has a significant advantage”, he told us. “Sure, AMD will carry on creating products for the traditional markets like graphics, chipsets and processors for PCs, but it’s crucial that we lean into the new markets”.
Byrne told us that attracting experts like Raja Koduri and Jim Keller back to AMD has given the team a major boost. Both returned to AMD after stints at Apple.
When you lose top tech gurus to a company like Apple, it's easy to see why. Apple is (at times) the biggest company on the planet with a massive ability to impact society with its innovations. In order for that kind of guru to return, they must have a strong belief in the future roadmap at AMD.
I’m happy that AMD is making a recovery and I wish it good luck, but it’s a pity that desktop enthusiasts don’t see to be part of the roadmap.
AMD get a lot of stick in the CPU sector, but they offer a lot for budget users. I am sure they will get high end processors out again in 2015 to target intel.
Their GPU’s are very strong this year and have caused nvidia some serious embarassment. TITAN Z for instance? it was delayed after they saw the performance of the R9 295X2.
Heres to the future !
R9 295X2 has been the best video card release ever IMO. I can’t afford one, but the value is actually very strong and the performance at Ultra HD 4K is incredible. First watercooled reference card ever 🙂 CPU’s – been a while since I have owned AMD – Intel are just so far ahead. I think AMD did well from console sales on Xbox one and PS4. must have made them billions already.
AMD totally lost the CPU wars, and the gpu war is also on a loosing side. Although 295×2 is a monstrous gpu, it is far too expensive for most people, only enthusiasts with really deep pockets can get one (or more). From my point of view, a PC enthusiast with a relatively small budget, AMD has basically nothing to offer. Intel cpus trample amds to death, and for the same price, an Nvidia gpu will be overall better performance wise. Console-wise speaking, yeah, they kind of won, but that is not enough to keep them afloat… Let us hope they will have something better to offer in the period to come.
@Wolf…
” Although 295×2 is a monstrous gpu, it is far too expensive for most people, only enthusiasts with really deep pockets can get one (or more). ”
Hmmm… and nVidia’s Titan Z at $3000 is what, somehow a better deal?
295X ATE nVidia’s lunch. So much that nVidia canceled the release.
Alexander Wolheart: Master of the Non-Sequitor.
@ CSO John Byrne
If you atre reading this then when is AMD gong to release multi socket Kaveri?
Twin or Quad APU’s would be a real monster both in Compute performance and graphics.