Get real. It's a low budget, joystick driven knock off of an existing MMORG called Eve which is based in Iceland. This is the studio's first game ever. It's gonna flop. Most do.
Can you explain, why then, over the last 3 years GF has taken more than $500 million in cold hard cash OUT of AMD in exchange for agreeing to modify the foundry agreement? If the Abu Dhabi investors really did view AMD as a "golden goose", why then did it strip so much cash out of already money losing, cash starved AMD?
If, as you say, the gave a hoot about AMD, they wouldn't have penalized AMD in the first place for modifying the agreement. No, instead I'd agree with the other poster. The Arab investors are involved with AMD to extract as much in cash and other assets as they can out of it and put it instead into the wholly Arab owned, profitable GF foundry business.
Actually according to the SeaMicro datasheet for the SM15000, the Opteron version of thst server uses 8-core Opterons. All 8-core Opterons are at LEAST 115W in TDP. Several are much higher. The lower wattage Opterons are dog slow, being beaten in some benchmarks by the new Avoton Atoms (seriously). Those are not the Opterons SeaMicro is using in its servers though since it they did, no one would buy them and instead would chose the much lower power (bit similar or better performing) Atom servers.
From the data sheet:
"• CPU Options
– 64 AMD Opteron™ processors with eight “Piledriver”
cores per CPU
– 64 Intel® CPUs (“Ivy Bridge” or “Sandy
Bridge” microarchitecture) with up to
32 GB DRAM and four cores per CPU
– 256 Intel® Atom™ x86-64 CPUs"
From AMD's website (no "Abu Dhabi" Piledriver 8-core Opteron has less than 115W TDP):
"C0, Eight core
Opteron 6320 C0 8 2.8 GHz 3.1 GHz 3.3 GHz 4 × 2 MB 2 × 8 MB 3.2 GHz 14-16.5× 115 W Socket G34 November 5, 2012 OS6320WKT8GHK
Opteron 6328 C0 8 3.2 GHz 3.5 GHz 3.8 GHz 4 × 2 MB 2 × 8 MB 3.2 GHz 16-19× 115 W Socket G34 November 5, 2012 OS6328WKT8GHK"
So you're either stupid, ignorant or a liar. Take your pick.
On August 26, 2013, Rory sold 96k shares of AMD stock for $3.65 a share, just before being blacked out for the quarter.
In hindsight he's not looking as stupid as you pumpwads who didn't sell on the 17th before the CC in the low 4s and are now holding way below Rory's bail-out price, in the low 3s.
Rory is dumb, for sure. Just not as dumb as the AMD fans on the message board. I think we need to adjust the old saying "Son, you're even dumber than plus_card" now. It should be, "Son, you're even dumber than Rory P. Read."
Heck, in 3D Mark not only does the GeForce 780 GTX crush the R9 cards, but even AMD's old 7970 card.
AMD's new chip is one process generation than NVDA's and only matches it. That's a failure. Big time.
Perhaps that was because he was busy sweeping the warehouse floor at the time of the interview.
Curious. Why do you think this is a technical bottom? Remember last quarter when AMD went spiraling down on the weak margin disclosure? We saw exactly the same pattern. Days of big selloff with an occasional "breather" day before another series of days of big selloff.
Let's be honest. AMD pumped consoles as a means of delivering sustainable revenue growth. Q2-to-Q3 there was growth (26%). Just the second quarter of console chips sales in, though, AMD is forecasting a massive slowdown in console-driven revenue growth for Q4 (5% plus or minus 3%, or less obliquely 2% to 8% growth). If revenues came in at the low end of AMD's guidance, that would represent a 92% reduction in the revenue growth rate.
If that's a trend, revenue will contract in Q1. It doesn't take very much revenue contraction to put AMD back into the red. Investors are understandably spooked. Especially since there was only the lamest and emptiest of explanations as to why growth was stalling. This reminds the Street of 2012 when in Q2 Rory said Llanos were going to generate a big part of AMD's revenue into 2013, and then in Q3 took a big Llano inventory write down because they couldn't give Llanos away.
AMD's management seems not to really understand AMD's business or direction. They are reactive rather than proactive.
The Sony PS4 is projected to outsell the new XBox. Sony will sell just 5 million PS4s through next March. MSFT, therefore will sell fewer than 5 million units in that same period. That means that between now, through Christmas, the best season for console sales, and through the entire first quarter of 2014 there will be fewer than 10 million consoles sold.
The math is pretty simple. AMD grosses $70 a chip and keeps only 12% of that (~$8 per box). $80 million in margins on console sales for Q3, Q4 and Q1 of next year is not very good, really. And that assumes that AMD doesn't lose more market share in other segments. If it does continue to lose market share in other segments, that $80 million will be offset very easily by market-share decline.
I don't know for sure, but the sensible assumption is that AMD is scrooed for the rest of 2013 and scrooed also for the 1H of 2014. The stock tumbling to $2 is a real possibility during this period.