black_zion

AMD up $41M Y/Y, misses EPS estimates, stock crashes 24%

Discussion created by black_zion on Oct 24, 2018
Latest reply on Oct 26, 2018 by kingfish

Gotta love the stock market, where if you don't make enough money, you get hammered. Does make me smile though, nVIdia lost almost $25 today, AMD only lost $7.50. Still, was very nice to see Lisa Su blame the shortfall on GPU sales on the cryptocurrency crash, instead of the real reason: they haven't done anything to boost their position against their nVidia counterparts to increase sales, especially the high margin Vega cards. One of these days AMD is going to figure out a "games bundle" doesn't do anything except make people wait for price cuts, and actually reduce the price of the cards, or offer mail in rebates. A card unsold is a 100% loss, whereas a card sold for a 1¢ profit is a gain.

 

 

https://www.tomshardware.com/news/amd-stock-drop-cryptocurrency-gpu,37975.html

 

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