Intel Corp (INTC)

[Unkwn]

AMDs numbers weren't great to be honest. Cash flow still negative, only small revenue growth and guidance was light, with revenue lower than this quarter. What I liked was strong growth in mobile CPUs, where AMD made a very good job. 50% (unit?) growth of EPYC vs the previous quarter is also good. AMD also stated in its conf call that Ryzen products have a 50% plus margin, quite above the 37% overall margin they currently have. They also stated some margin pressure in the desktop market, where Intel seems to fight back.

Intel, on the other hand, had a great quarter at first glance. Very good numbers indeed. Even data center, with that pressure from EPYC, was doing really good. AMD stated, they are still in the lower single digits of market share. Still quite a way to go to the double digit market share they are targeting by next year.