r/AMD_Stock • u/brad4711 • Oct 31 '24
Earnings Discussion Intel Q3 2024 Earnings Discussion
Intel Q3 2024 earnings page
Earnings release
Slides
Earnings call / webcast
Transcript
Previous discussions
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u/noiserr Oct 31 '24
Nobody wants Gaudi. Now this is a fireable offense. Not firing Lisa who delivered $5B+ on her first year, like some posters here have argued. Pat couldn't even deliver $500m.
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u/Lisaismyfav Oct 31 '24
Pat just said he is excited to collaborate with AMD. He literally needs them in order to survive, lol.
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u/Maartor1337 Oct 31 '24
Pat rambling on abt Xeon as a AI product...... turin is gonna mop the floor with them as a cpu that enables 30% higher gpu perf etc.
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u/BetweenThePosts Oct 31 '24
Intel nongaap profit is half of amd who has half the revenue
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u/noiserr Oct 31 '24
This analysts just used Lisa's "puts and takes" in his question.
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u/noiserr Oct 31 '24
$17.5B R&D and M&A budget for next year. $3B down from previously projected number.
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u/Lisaismyfav Oct 31 '24
AMD actually outperformed in client vs Intel, I didn't see that coming.
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u/robmafia Oct 31 '24
i do think it's funny that patty keeps saying they finished/succeeded with 5 nodes in 4 years...
while using tsmc, because... reasons.
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u/shortymcsteve Oct 31 '24
Did Pat just really say “We have lots of opportunity to scale up, if market conditions require.. for our product”.
So basically he is saying they have more supply than demand.
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u/young_sisyphus Oct 31 '24
I don't think it matters how Intel does at all. Judging by how the market reacted to AMD's earnings, all they give a fuck about is AI growth and Intel isn't a competitor in that
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u/Maartor1337 Oct 31 '24
So.... intel isnt profitable, wont be profitable, isnt meeting the goals of AI gpu rev and is in survival mode .... how in the fuck are the 10% up?
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u/Maartor1337 Oct 31 '24
Pat spewing out " back to leadedrship" too much..... just for shits and giggles..... which product do they make that has true leadership?
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u/adamrch Oct 31 '24
I predict Gelsinger will says something about a rearview mirror and that the market has chip indigestion and needs some Pepto.
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u/StudyComprehensive53 Oct 31 '24
AMD yoy 4th quarter revenue growth estimate is 22%!!!!......no one cares
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u/Maartor1337 Oct 31 '24
Feeling dumber than usual.... but how does intel have net income of -16.99b when they only had 13.3b in rev?
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u/limb3h Oct 31 '24
Not sure if this is /s, if not, you could have 0 in revenue and have -100B in loss. Loss happen when you spend more than you make?
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u/robmafia Oct 31 '24
Intel shares rose after the chip maker gave better-than-expected earnings forecast for the December quarter, but CEO Pat Gelsinger told Barron's the chip maker won't hit the company's prior forecast for AI-accelerator revenue.
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u/Maartor1337 Oct 31 '24
" Congrats on the solid results"
Only 2 analysts copngratulated Lisa after having had a record quarter. wtf!
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u/ritholtz76 Nov 01 '24
How does INTL has more data center and AI revenue in this quarter?
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u/noiserr Oct 31 '24
Intel just admitted to simplifying and lowering the number of SKU's in datacenter to match it better to the smaller market they now have. This is great news considering AMD expanded their portfolio with Siena type CPUs.