Advanced Micro Devices Inc (AMD)

[FuninUSA]

Ryzen's processor is highly recognized: AMD had a net profit of $121 million in Q1

On April 26, AMD announced its first quarter (by March 31) financial report in 2018.

According to US general accounting standards (GAAP), AMD posted revenue of $1.165 billion in the first quarter, up 40% from $1.18 billion a year earlier. Net profit was $81 million, compared with a net loss of $33 million a year earlier, cited by FuninUSA.

Among all departments revenue, the revenue from the department of computing and graphics was $1.15 billion, up 95% from a year earlier. Also, revenue from companies, embedded and semi-customizable units department was $532 million, down 12% from a year earlier.

Reported by FuninUSA, AMD expects revenue to hit $1.725 billion in Q2 of 2018, which exceeds the analysts’ expectation. In addition, more than 60 new Ryzen products will be available this year for professional games, content creation and hardware players, said AMD’s CEO Dr. Lisa Su in an interview.

I wanna say, if u are going to do value investing (which is long-term investment in a company's stock), AMD is a very good choice to be considered.