AMD stock downgraded due to imminent ETH ASIC Miner release

[ohmaheid]

nVidia is probably more diversified. But it does show the futility of attributing movement down to a single factor - the recent autonomous car set-backs are at least as likely to be causing the slide given how much they've been pushing their tech for it.

Yes, there may be merit in that argument - But aren't Nvidia's Automotive processors different from the GPU line?
Genuine question.

[CAT-THE-FIFTH]

nVidia is probably more diversified. But it does show the futility of attributing movement down to a single factor - the recent autonomous car set-backs are at least as likely to be causing the slide given how much they've been pushing their tech for it.

I would argue Nvidia still derives most of its revenue from GPUs though and a huge percentage from gaming GPUs. This is why it it spending more and more on commercial usage scenarios for its GPU tech and literally lost a lot on Tegra before it became profitable.There have been clear signs for the last decade they have been trying to move away from consumer GPU markets into other areas.

Its the same with Intel - they are spending more and more money in diversifying away from consumer CPUs. In fact they have been pushing more into the data centre like Nvidia has.

AMD OTH makes more than GPUs - it's primarily a CPU company which also makes GPUs and has a long history of being involved in embedded markets since the 1970s - it's more diversified than Nvidia is even though Nvidia makes more money.

If it wasn't they would have folded like Cyrix and 3DFX yonks ago when they hit a bad patch. Have you noticed even when AMD when AMD CPUs do well,revenues and profits seems much better,even when compared to when they are selling loads of GPUs??

Before AMD merged its revenue reporting from CPU and GPU during the time of Bulldozer,it made 4 times more money from its CPU division than its GPU division.

For example literally all cockpit display systems in modern Boeing and Airbus airliners and military airlifters are powered by AMD chips,and they are even in slot machines!

[kalniel]

Yes, there may be merit in that argument - But aren't Nvidia's Automotive processors different from the GPU line?
Genuine question.

Yes. But no more isolated from affecting the stock price.


https://www.bloomberg.com/news/artic...ng-car-testing

[ohmaheid]

Yes. But no more isolated from affecting the stock price.


https://www.bloomberg.com/news/artic...ng-car-testing

This is a completely separate matter from the construction of new ASIC chips for crypto- currency mining.
Your link points to a stock fall because of a death caused by Nvidia's autonomic-vehicle failure.
The only thing i can take away fron this, is that Nvidia's GPU business is relatively unaffected. (Given that Bloombergs' reason for the stock falling was because of the death)

[kalniel]

This is a completely separate matter from the construction of new ASIC chips for crypto- currency mining.
Your link points to a stock fall because of a death caused by Nvidia's autonomic-vehicle failure.
The only thing i can take away fron this, is that Nvidia's GPU business is relatively unaffected. (Given that Bloombergs' reason for the stock falling was because of the death)

This is a thread about stock falls. I'm not talking about nVidia's GPU business, I'm talking about their stock fall.

[Tabbykatze]

This is a thread about stock falls. I'm not talking about nVidia's GPU business, I'm talking about their stock fall.

Bevause Nvidia is primarily a GPU company, aren't they intrinsically linked and one and the same?

[kalniel]

Bevause Nvidia is primarily a GPU company, aren't they intrinsically linked and one and the same?

Of course, but not exclusively - as I was trying to say, other things can move the stock price than just GPU news, for instance the delay/withdrawal of autonomous vehicle stuff.

[Corky34]

AMD's statement on Christopher Rolland's analysis, quoted in full as it's short and to the point.

Yesterday a report was published on AMD which hypothesized very high revenue for Ethereum-related GPU sales. As a reminder, on our Q4’17 earnings conference call we stated that the percentage of annual revenue related to Blockchain was approximately mid-single digit percentage in 2017. We had significant growth in the GPU business outside of Blockchain in Q4’17 as we ramped our Radeon Vega products, our GPU compute products, and our Apple business. We also spoke about strength across the rest of our business with AMD Ryzen and AMD EPYC product momentum. We have very compelling long-term drivers for the company including PCs, servers and graphics and our Q1 2018 financial guidance reflects that.

We appreciate the time and attention that investors continue to pay to Blockchain and cryptocurrency, but would also like to keep it in perspective with the multiple other growth opportunities ahead for AMD.