Advanced Micro Devices Inc. (AMD)

All Comments on AMD

  • commenter
    principle
    Aug 20 12:26 AM
    Nvidia Admits to Underestimating AMD [view article]
    I thought it was so awesome that Nvidia itself released an article saying thay people put an APB on their PhysX and hyped it up themselves. Thats just dumb. NVDA is a good company, but its not going to be back above $20 stock price in the next several years, maybe the $17 area of reasonable price to earnings ratio of 18-20 for a semiconductor company with no foundries. But one more "glitch" and investors will dump it again which is so easy to happen when doing a die shrink to smaller manufactuing process and designing with immature fabrication libraries will lead to at the bleeding edge technology. That is why AMD/ATI has the advantage right now, because they own and operate and are integrated with the bleeding edge designers and processes for manufacturing. Intel won the cpu battle only by pushing the envelope of manufacturing processes, otherwise they wouldn't be able to fit enough L2 cache on their multi-core cpu die to make them compute quickly, or be low enough power consumption. I see AMD having an advantage in this for graphics. AMD owns more in foundries and equipment than what their stock is worth. NVDA has cash on hand, but doesnt even have enough to do the buyback they say they are going to do, and haven't completed the last buyback they announced.

    AMD won't split the company, makes no sense, seeing as its partially the only reason they are competitive in PCs, and a major part of the future CPU features, the most compelling being their CPU/GPU for laptops called Fusion coming out next year. AMD only needs $1.5B to cover operating costs this quarter, and they didnt really lose all that money last quarter, just claimed ATI wasnt worth as much. AMD will post a profit this quarter, along with a good cash infusion from selling off non-core pieces of ATI and the stock price will go up, post profit for the 4th quarter and stock will go up, then they will get a large cash infusion from some foreign entity, like a big check from Arab Oil for Christmas, giving them another 7% stake in the company, to give them the down payment on their New York foundry.
    Reply
  • commenter
    Smart1
    Aug 18 04:23 PM
    My Website
    AMD To Split In Two? [view article]
    They cannot sell the rights to make X86 processors....or they would have done what you suggest a long time ago (well, if they had any sense, they would have). Reply
  • commenter
    Gaffey
    Aug 18 12:10 PM
    Nvidia Admits to Underestimating AMD [view article]
    > Physics on the GPU was done by ATI first a few years ago.

    Only as a demo, they failed to ship it in usable form by game developers.

    > ATI has enjoyed the better technological solution for many years

    Can you say "R600"?

    > The cold hard truth is that physics isn't a realistic play for software developers

    This paragraph is right on, I agree. Undercutting the next one...

    > The government has restrictions against sole source products so Intel can't afford for AMD to go away

    No, but they can certainly afford for their ATI division to go away. Dirk Meyer may end up having to make that hard choice, given his dire finances.

    > [Intel and AMD] partners in crime...

    This is a stretch.

    "User 243082" has it right about Larrabee. Intel's present software capability stinks, to say nothing of their poor relations with game developers. A GPU product's value is delivered through a broad and deep suite of software drivers, unlike CPUs or other PC components. ATI and Nvidia have mature driver suites, at great continuing development cost. Intel has to boot itself up from nowhere in this department. Good luck.

    Reply
  • commenter
    R0x0R
    Aug 16 03:36 AM
    Nvidia Admits to Underestimating AMD [view article]
    Physics on the GPU was done by ATI first a few years ago. Nvidia played catch up. ATI has enjoyed the better technological solution for many years while Nvidia has traditional simply taken a brute force approach.

    The cold hard truth is that physics isn't a realistic play for software developers. It requires consumers to already have advanced hardware or their games and applications perform horribly from the lack of physics on the GPU. This simply means that software companies must now sell hardware as well or their software product won't sell compared to other titles that don't require physics on the GPU.

    Both Larrabee and Radeon graphics cards will feature the same physics solution (Havoc) while Nvidia is alone in using PhysX. While PhysX may have the more appealing name, Havoc is a better solution. Nvidia just got outnumbered.

    The government has restrictions against sole source products so Intel can't afford for AMD to go away. Even if they play second fiddle to Intel on the CPU side they will remain a player until there is no such thing as an x86 processor. Intel and AMD also make their own chipsets.

    So where we used to see two arch rivals, we now see partners in crime both of which can make the only two products Nvidia has- GPUs and chipsets. Ultimately this makes Nvidia the odd man out and the most likely candidate for deletion within the next five years. It's only a matter of time.     Reply
  • commenter
    principle
    Aug 15 03:42 PM
    Nvidia Admits to Underestimating AMD [view article]
    But what ratio of earnings to stock price is it? I wouldnt say the risk or negative is already priced into the stock now. I would say that there was too much speculation and optimism priced into it before. It just got a reality check. Fans of Nvidia would say they have always been the high performance choice, but you would have a short memory. ATI has always been competing to be and at times were the perfomance leaders. Reply
  • commenter
    JasonC
    Aug 15 01:56 PM
    AMD To Split In Two? [view article]
    This may happen, but it is dumb. Just sell the whole thing to Samsung and give Intel a real competitor. Reply
  • commenter
    BrianZach
    Aug 14 06:37 PM
    My Website
    Nvidia Admits to Underestimating AMD [view article]
    These fears about NVDA are way overblown. NVDA messed up the past couple of quarters, but it doesn't mean that the company is near failing. The company made a mistake, admitted it and is looking to move on, which is better than most companies can do.

    The problem with many of these articles is that they don't reflect the price into the analysis. If NVDA was trading at 30 I would be more worried than when NVDA is trading at 13. If the risks are already priced into the stock, it is usually a good time to buy it because your downside is limited.     Reply
  • commenter
    JFrazer1
    Aug 13 10:48 PM
    Nvidia Admits to Underestimating AMD [view article]
    A correction to my last comment: I meant "ATI and AMD are Saturn to Nvida and Intel's Ferrari". Not 'ATI & NVIDIA are Saturn to Nvidia & Intel's Ferrari' which makes no sense. :) Reply
  • commenter
    JFrazer1
    Aug 13 10:46 PM
    Nvidia Admits to Underestimating AMD [view article]
    In the gamer-enthusiast and high-end PC hobbiest communities, ATI & AMD have long been associated with better bang for the buck (value) while Nvidia and Intel have been associated with top-end performance. ATI & NVIDIA are Saturn to Nvidia & Intel's Ferrari. Also, GPU manufacturers have been leapfrogging each other's tech since the beginning of GPU manufacturing. This market also has intense brand loyalty. I'm not handing the game over to AMD based off of one single product in one single quarter. NVDA is also incorporating physics processing into their GPU lineup, and buiding top-end mobile GPUs. NVDA, INTC, and AMD are all expanding their potential markets, and have slightly different target demographics. Now if only NVDA hadn't pulled a Microsoft and lost tons of money on their hardware because of warranty costs resulting from using a shoddy manufacturer in an effort to save a buck That came back to bite them in the ass. Reply
  • commenter
    User 243082
    Aug 13 07:16 PM
    Nvidia Admits to Underestimating AMD [view article]
    <<The larger question is why Nvidia underestimated (AMD).>>

    Look to the last three high end product releases from ATI to understand the answer to that question. In every case ATI made a lot of noise pre-launch about how they were going to hand it to Nvidia. Last 3 generations were nothings. This time around, the noise was the same. How many times do you listen to the boy crying wolf. The difference was they really DID execute, instead of just SAYING they were going to.

    The problem with you and Piper Jaffray's conclusion is fundamentally, who is the stronger player, Nvidia or AMD? AMD is fighting a brutal war on two fronts, and despite the posture of this article, it's not winning either. AMD have lost billions in the last few years, fired the CEO, laid off 10% of their workforce, scuttled fabs and taken on billions in debt, unusual for high tech. The green guys dropped prices to maintain share, so where does that leave ATI? Another money losing quarter perhaps? That's what all the projects say anyway.

    As far as Larrabee goes, it's just like every other non-cpu project that Intel puts out: filled with FUD and nearly every time they talk about it, it slips another quarter or two, like whoops, no big deal. Few are paying any attention to the really meaningful issues Intel faces with this project, software -- both driver compatibility and developer support. These are enormous challenges and no body is pay attention, all they can say is, "but they're INTEL." Intel are bastards to the industry, yet press and analysts eat their garbage up with a spoon.

    Nvidia are investing in CUDA to extend the reach of the GPU, and have a very compelling product coming up in the Tesla product line. But the biggest asset they have is their CEO who doesn't like to lose, one can rest assured there was some major ass-kicking going on over the last quarter.

    So who would I bet my money on? It certainly wouldn't be the dual-front underdog, AMD. It would take every effort they have to win just one of those fronts. Intel? The guy who's proven zero success in everything it's ever attempted outside CPUs, the guy who needs to spend man-centuries developing and perfecting a new software architecture? The guy who is being threatened by a measly little graphics chip, that oh, just happens to be orders of magnitude faster than the architecture they've been perfecting for 20 years. . .?

    The answer is simple: NVDA is a steal at these prices.


     Reply
  • commenter
    User 192104
    Aug 12 10:08 AM
    Advanced Micro Devices: Can Gamers Bring This Chip Maker Back to Life? [view article]
    I agree with "watching helplessly" (since this is what AMD's complaint is all about) but with respect to "as Intel’s superior technology reached 75%" it would be far more appropriate to tell it as it is: "Intel's sales machine over-whelmed AMD's superior technology through heavy advertising and by out-shrinking AMD while simultaneously ballooning the CPU cache sizes to make up for the inadequacies of Intel's technology (not to mention a little bullying of OEM's at the retail end).
     Reply
  • commenter
    colton
    Aug 06 02:50 PM
    General Discussion on AMD
    AMD is ready to go up strong Reply
  • commenter
    Cycle
    Aug 05 10:32 PM
    Semiconductor Rankings: Roadmap to Investment Opportunities? [view article]
    It's Funny you should say that as That was the same thing I got back in 2003..... followed by "They won't make it through the rest of the year". We all know what happened after that.

    Needless to say they've given intel a run for their money before and they will do it again. It's just a matter of when     Reply
  • commenter
    Scully
    Aug 05 06:57 PM
    Semiconductor Rankings: Roadmap to Investment Opportunities? [view article]
    Dude... AMD is dead... these fluctuations are simply the last guttaral rasps before the death knell Reply
  • commenter
    XamaX
    Aug 05 01:13 PM
    Rumor Mill: Nvidia To Exit Chipsets [view article]
    Apple doesn't even need to buy them out altogether, just buy them partially for instance 51% stake in cash - that would be 3 billion... I'm sure they would get it quickly back... But I guess it would kill the HP/Dell dealings with NVIDIA or not? Apple selling (chipsets) to HP/Dell? Soon they would also be selling the Apple OS X to be integrated with those selective PC manufacturers, making for a quick MSFT throat cutting kill!

    Unfortunately, I believe Jobs is too much of a tight fisted scrooge to let go of 3 billion just like that! He even managed to have ALL the cell carriers advertising and selling for him FOR FREE!!     Reply

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