Intel Corp (INTC)

[morrowinder]

AMD still unprofitable in perfect storm market

So AMD sold every graphics card it could make because of ethereum miners. Many of those are now on ebay, so get em while they are cheap:)

And a full quarter of Ryzen processors were sold. And still managed to lose .02 cents a share(-16 million dollars). Total revenue was 1.22 billion. Ethereum keeps getting hacked and robbed so the graphics card surge won't last and is already tapering off. What will it take to get AMD profitable??? For all the bragging, this is still the same old loser. But next quarter...to the moon! /sarcasm off


http://www.businessinsider.com/amd-q2-2017-earnings-2017-7