But sell-through was pretty good.
Our goal is to satisfy \\\"a broad swath\\\" of server workloads.Su reiterates Zen 3 server CPUs (Milan) are set to arrive before year's end, and that AMD is working on developing its Zen 4-based server CPU line (Genoa).While Epyc design wins for cloud computing instances sold to third parties naturally get announced, design wins for the internal workloads of Internet/cloud giants only sometimes do.AMD's call has ended.
Earnings per share … We feel good about where we stand competitively.Question about gross margin expectations.The comments come ahead of Intel's pending launch of its second-gen 10nm notebook processor line (Tiger Lake).
But we feel good about our supply situation. We're excited about Milan, it's looking good in the labs.The midpoint of AMD's Q3 sales guidance implies 32% Q/Q growth and 42% Y/Y growth.
We now have a lot of OEM engagement, have also put a lot of work into engaging with software developers. New OEM platforms and cloud deployments will be happening in 2H20. The semiconductor manufacturer reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.06. Console processors will be down a bit Q/Q in Q4 due to seasonality, though less than usual.
View our full suite of financial calendars and market data tables, all for free. Notes GM growth was driven by higher PC and server CPU sales.Tesla reports earnings, revenue results.
Company will evaluate acquisition opportunities when they present themselves, but organic growth is the primary focus right now.Enterprise, Embedded & Semi-Custom revenue rose Q/Q due to record server CPU sales and initial shipments for next-gen game console processors.Su: We think this isn't about ARM vs. x86. AMD reported revenue of $1.93 billion, ahead of a $1.86 billion consensus, according to FactSet. View which stocks are hot on social media with MarketBeat's trending stocks report.Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.Please log in to your account or sign up in order to add this asset to your watchlist.Identify stocks that meet your criteria using seven unique stock screeners.
That compares with 26% Y/Y Q2 growth.Regarding the GM guidance, Su notes that CPU mix changes can impact margins, and that console processor sales carry relatively low margins.She says Ryzen 4000 revenue has ramped faster than any notebook processor line in AMD's history.Multiple cloud clients ramped Epyc usage for both cloud computing instances and internal workloads in Q2.Another question about Intel's 7nm setback, and what AMD might do to take advantage of it.Question about whether cloud clients might enter a digestion period in 2H20.Question about whether AMD's console processor expectations could prove conservative, given recent reports about next-gen console builds growing.TheStreet's Eric Jhonsa breaks down Netflix's first-quarter earnings report and 'video interview' with company executives.Su: While there's still macro uncertainty and \\\"pockets of demand softness,\\\" we're well-positioned to see strong second-half growth.Su reiterates Zen 3 server CPUs (Milan) are set to arrive before year's end, and that AMD is working on developing its Zen 4-based server CPU line (Genoa).The call should be starting any minute.
A lot depends on sales mix, we have to see how that plays out. GAAP EPS of $0.13 beat an $0.11 consensus, while non-GAAP EPS of $0.18 beat a $0.16 consensus. We'll continue working on driving cloud, enterprise and HPC growth.Question about data center GPUs, a market where Nvidia has long had a dominant position.Question about AMD's notebook processor strength.TheStreet's Eric Jhonsa breaks down Amazon’s second-quarter earnings report and call with analysts.RealMoney's Jim Collins breaks down Tesla's first-quarter earnings report.AMD also disclosed that data center products made up over 20% of its Q2 revenue, and that it hit its goal of achieving a double-digit server CPU share. We're increasing capacity to meet our customers' needs.Su: 7nm supply is tight. We have good momentum in areas such as cloud gaming and virtual desktops, as well as some supercomputer wins. Move 7 Day | Imp. Notebook GPU sales rose strongly Q/Q, but desktop channel sales fell.Su: We feel good about how Epyc is doing.
Notes GM growth was driven by higher PC and server CPU sales.Question about AMD's Q3/Q4 expectations, and the impact of new products.Su: Game console processors will be a big Q3 revenue contributor. We've stressed that customers can count on our roadmap.
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