|Net Income per Quarter||1Q12||2Q12||3Q12||4Q12||1Q13||2Q13||3Q13||4Q13||1Q14|
- AMD Sources: http://www.amd.com/en-us/who-we-are/newsroom/press-releases#k=net%20income
- Intel Sources: http://www.intc.com/results.cfm
- Note all are GAAP.
These results for AMD and Intel are largely due to a stronger desktop market going into 2014 and them both putting more focus into profitable mobile markets. This increase for AMD was also due to increased GPU sales (partly because of cryptocurrency mining) and large PS4/XB1 sales. If AMD is lucky, they’ll be able to keep up this trend and become more competitive going forward. AMD CEO Rory Read seems quite optimistic, saying: “We are well positioned to continue to grow profitably as we diversify our business and enable our customers to drive change and win.”
In similar news, GlobalFoundries and Samsung recently teamed-up and expect to be capable of 14nm FinFET chips by the end of this year. I would expect 14nm FinFET to be available to consumers within the next 12-18 months. If this works well, AMD could go from using 32nm on their CPUs to 14nm FinFET dice. These Q1 reports from both Intel and AMD show promise in the market, despite predictions made over the past year of a downturn.
-Michael “The Bear” Kerns.