Sentiment Analysis of the earnings transcript to help figure out if there are any bullish or bearish sentiments that could be gathered from it. We're doing ML and AI based analysis on the earnings call to get some more insights.
Please consider a small donation if you think this website provides you with relevant information
| Statement |
|---|
| We can see the opportunities of Turin adoption going into the future that will help us to gain more market share |
| The customer feedback so far is very positive |
| We do think it's a great opportunity and we can -- probably the largest growth driver for AMD in next several years |
| So inference, absolutely, we have a significant benefit |
| And the year over year, we also grew revenue and exiting the year with more than 31% market share, the highest in our history |
| So when you look at that history of close integration relationship with the TSMC, that helped us tremendously |
| So I think the key thing about our embedded business is Xilinx is a great franchise |
| And the other thing is AMD is a strong believer of pervasive AI |
| It's a trajectory, it's a success, very large market opportunity, and we are the new entrant into the market |
| We see both, Genoa and especially Genoa, provide really best TCO and the customer are quite excited about it |
| With like really strong support from cloud customers that we have Microsoft, Meta, Oracle and OEMs, Dell, SuperMicro, HPE, and also the whole ecosystem and our team is super focused on aggressively ramping into production |
| So we have been able to update ROCm to the level with strong capabilities |
| So it seems pretty good that if we stay in an environment like this that you're in pretty good shape on market share on the next generation |
| We both Nvidia, AMD have a strong history of GPU platforms |
| I think for our team, they have done a great job under a very tight supply constraint environment |
| So it is really exciting |
| We really look at the longer term success and the trajectory of revenue based on the design wins and the customer engagement, we feel pretty good about our long term success |
| We are confident from the market share perspective because the total TCO we can provide our customers |
| So it's really exciting |
| We actually grow our server revenue and this year we think the market will be better and we absolutely will continue to gain share and grow much faster this year in the server market |
| That's actually a remarkable year one |
| If you look at the Q3, Q4 four last quarter -- last year, the second half, our server revenue literally was almost more than 50% higher than first half |
| We are a strong contender, second contender in this market |
| That's very exciting actually |
| I think when you think about the overall client segment, we do think it is the market or business we should drive a success model of very high operating margin |
| So for our server business, as you know, Genoa family has the best TCO today in the marketplace |
| So the model can answer better questions and improve productivity |
| Especially when you combine with AMD's embedded processors, we actually expand our design win very significantly |
| I think you probably know is TSMC AMD, the partnership is very strong |
| So it's a greater traction and since our earnings release, we continue to broaden and the deepening the customer engagement |
| Statement |
|---|
| And industrial to a certain degree is also inventory digestion and weak |
| They've talked about gross margins coming down in the back half of the year |
| Can you talk to the profitability of PCs? I mean you had this -- Intel fairly openly promotional activity that negatively impacted you |
| On the Genoa side and Bergamo, you had relatively slow uptake in the beginning and I feel like you guys got blamed for issues that actually everybody had with PCIe Gen 5 and DDR5, things like that |
| The embedded business Xilinx now down 40% or so from peak to trough |
| Last year even server market declined significantly |
| As you said it was a surprise to some people back then, but I think it may not be the case today |
| Overall server market actually declined |
| You had a difficult year last year where particularly a lot of the discretionary upgrades of servers got postponed as the money shifted towards AI |
| I think our view is we are going through the bottoming process in first half of this year and second half we do expect recovery, but a more gradual recovery because some of the market like communication continue to be quite weak, not only because of inventory, but. |
| What's your feeling on 2024 and then longer term, a lot of discussions around AI PCs and things like that, what's AMD's ability to enable some of that? Jean Hu Yes, PC market was challenging last year and second half was better |
| That's a pretty severe drawdown by historic standards |
| You should expect us to continue to drive competition in this side |
| Your sense of whether that business could be approaching a bottom? Jean Hu Yes, I think since our announcement we guided embedded business down Q1, like you said, close to 40% |
| But you've mentioned a couple of times training, and I think people thought of this and you positioned it initially as the biggest applications being inference, but clearly you're seeing maybe more than you expected on the training side |
| There's actually a reason |
| Joseph Moore Because you get websiteed, there will be a lot of enthusiasm in the supply chain and then some month there'll be some downtick and then [Multiple Speakers] negative |
| That took a little bit long time |
| The market is coming back because we need servers like there seems to be growth |
| It's probably actually held back because nobody have enough GPUs |
Please consider a small donation if you think this website provides you with relevant information