But what I will say is we've given you a good view of the business through sort of the percent of -- of revenue it is. And the most important thing is we're -- we're now seeing growth across let's call it four -- say four or five large businesses. So if you look at the cloud environment, we call it both internal as well as sort of the external facing workloads. Thanks. So if you look at our focus on gaming, particularly gaming notebooks and desktops, premium consumer, as well as commercial. So we saw strength -- a little bit of strength in the console business, some strength in servers as well, and some strength in PCs. So from 2019 to 2020, it was actually down year over year because some of the cloud gaming ramps in 2019 paused in 2020. And that was the basis for the guidance across the businesses. Hi, guys. Thank you. Want to see which stocks are moving? I think it's about as competitive as it's always been. Sure. As we go into 2021, again, we see significant growth. But overall, from a customer standpoint, it's so important that the -- the TCO really improve generation to generation. What -- what I would say is I don't have a new market share target and I think just given all of the -- the variance in the market. Advanced Micro Devices (NASDAQ:AMD)Q4 2020 Earnings CallJan 26, 2021, 5:00 p.m. Within the PC business, we do see some mix improvement as we focus on let's call it the more premium part of the stack and those are some of the drivers for the margin in -- in 2021. To see all exchange delays and terms of use please see disclaimer. Advanced Micro Devices has generated $0.48 earnings per share over the last year and currently has a price-to-earnings ratio of 115.1. Advanced Micro Devices AMD is … You have it. We expect revenue to be approximately $3.2 billion, plus or minus $100 million, an increase of approximately 79% year over year and down 1% sequentially. AMD Reports Q4/FY 2020 Earnings: Record Revenues Repeat by Ryan Smith on January 26, 2021 6:00 PM EST. Our next question is coming from Stacy Rasgon from Bernstein Research. Enterprise, embedded, and semi-custom segment revenue was $1.28 billion, up 176% year over year, driven by strong semi-custom product sales and continued EPYC server processor momentum across the cloud and enterprise markets. We expect our data center business to accelerate in 2021 as we further extend our performance, efficiency, and TCO leadership with the launch of our next-gen server processors codenamed Milan. The semiconductor manufacturer reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.08. And as we think about '21 unfold, typically in the console business, gross margins start relatively low, but there is good improvement over time. In graphics, revenue declined year over year and increased sequentially. View our full suite of financial calendars and market data tables, all for free. But we also see growth in our graphics business across consumer and data center graphics as we ramp the full product lines there as we go through 2021. We have good visibility into sort of the puts and takes in the various places. And so we expect that that will continue going into 2021. I -- I wanted to start with server, and -- and I modeled a much bigger dollar contribution in 2021 to the growth than there had been in prior years. And then I have a follow-up after that. I saw Alibaba in the slides announced. As it relates to what's important, I think the -- the focus on manufacturing is -- is certainly well-documented. Thank you for taking the question and congrats on the strong results. Those were primarily I would say in the PC market, the low end of the PC market, and in the gaming markets. And for my follow-up, it's -- it's interesting that as you're launching Milan, your -- your competitor is also launching their data center server. So the -- the -- it's led by our larger businesses. I think there's also a focus on leading edge research and making sure that the leading edge research is also very well-supported in -- in the overall conversation. We continue to ramp production to meet the strong demand and are on track to expand our Radeon 6000 GPU portfolio in the first half of the year with the new RDNA 2-based desktop and mobile GPUs. Stock Advisor launched in February of 2002. And I think we all believe that. In the last year, we have all seen firsthand the essential role high-performance computing now plays in our daily lives. EPS / Forecast. Cumulative Growth of a $10,000 Investment in Stock Advisor, Advanced Micro Devices (AMD) Q4 2020 Earnings Call Transcript @themotleyfool #stocks $AMD, Advanced Micro Devices (AMD) Q1 2021 Earnings Call Transcript, Better Buy: AMD vs. Taiwan Semiconductor Manufacturing, Why AMD Stock Popped After Intel's Earnings Beat, Forget the Sell-Off -- Wall Street Wants You to Buy AMD Stock, 3 Stocks Down Double Digits From Their Recent Highs, Copyright, Trademark and Patent Information. This is a live call and will be replayed via webcast on our website. We are pleased with our strong performance and the leverage in our financial model. Very well. See what's happening in the market right now with MarketBeat's real-time news feed. Based on our financial results and strong outlook, we released a significant portion of our tax valuation allowance, totaling $1.3 billion, which had a GAAP EPS benefit of $1.06 in the fourth quarter and a benefit of $1.07 for the full year. Perfect. Yeah. Yeah. ET. OK. So we feel very good about the CDNA architecture, its positioning. Mitch Steves -- RBC Capital Markets -- Analyst. AMD to Report Q4 Earnings: What's in the Cards for the Stock? Lisa, I'm sorry if I missed this, but can you speak to your expectations for the PC market this year? OK. I know you're -- you're talking about your business actually growing sequentially so I was hoping you could address what demand environment you are seeing in the very near term from your cloud and -- and enterprise and HPC customers. And so, again, these are just a few puts and takes. So in -- in the near term, what we're seeing in the cloud is -- is actually a period of strong demand. I mean they actually missed by a few kind of tens of basis points. Yes, sure. Advanced Micro Devices, Inc. 2020 Q4 - Results - Earnings Call Presentation. Revenue of $1.28 billion increased 176% year over year, driven by strong growth in both semi-custom and server processor sales. Yes. Thanks for taking my question and congrats on the very strong results. Advanced Micro Devices has confirmed that its next quarterly earnings report will be … So I guess my first question, Lisa, based on your commentary on data center revenues and your splits and you answered the question before about ASPs in Q4. There's a Milan launch coming that I think could push you into enterprise a little bit more than you've been in the past. Your line is now live. We significantly accelerated our business and exceeded our aggressive growth goals for the year while navigating industrywide challenges caused by COVID-19. I do think though that we'll just have to look at the mix of all the businesses, again, as it -- as it plays out. Thanks for the question. In the last quarter of FY 2019, AMD entered a particularly strong streak of revenue increases. Yeah. Mark, if you can hear me. Fourth-quarter computing and graphics segment revenue was $1.96 billion, up 18% year over year, primarily driven by a significant Ryzen processor growth. Gross margin of 45% was up 190 basis points from the prior year, driven by Ryzen and EPYC products, partially offset by semi-custom and Radeon product sales. The consensus is for AMD’s Computing & Graphics segment, which covers both GPU and PC CPU sales, to see revenue grow 52% annually in Q4 and Q1 to … First of all, I think we're seeing the cloud business strengthen for us. Your line is now live. So we're -- we're pleased with the performance. We are very pleased with the performance … Can you remind us where the focus is today in terms of -- in terms of your spending profile and how do you see that translating into future growth in over the next couple of years? We launched the second generation of RDNA 2 just a few months ago. I mean could it double year over year? So I think we have a very strong time to market platforms with the key OEMs. Thank you, Lisa, and good afternoon, everyone. Thank you and welcome to AMD's fourth-quarter and full-year 2020 financial results conference call. I think we're right on track for that. AMD's call has ended. We see that carrying over to Milan, and sort of the -- the -- let's call it the move from Rome to Milan is -- is -- is not too heavy a lift. Server is above and server is growing substantially in -- in 2021, and also the PC business. Your line is now live. We think we're growing significantly ahead of the market. In the enterprise, adoption of AMD-powered servers grew as Dell, HPE, and Lenovo secured new end customer wins with Fortune 1000 accounts across key verticals, including manufacturing, financial services, and automotive. Thank you. We’re motley! EPYC processor revenue grew sequentially, including early shipments of third-generation EPYC Milan processors. Identify stocks that meet your criteria using seven unique stock screeners. Normally, consoles would be seasonally down quite a bit, double digits. Yeah. Our next question is coming from Mark Lipacis from Jefferies. So the question I kind of want to pose here is what would the gross margin look like if you didn't -- if you had yields similar to what you had about two years ago? I think it builds upon what we did in Rome. So we launched the first generation RDNA architecture that had a 50% performance per watt improvement. Our semi-custom SoC sales are ramping faster than the last console cycle, and we expect sales to be better than typical seasonality in the first half of this year based on the current strong demand. The company is also guiding for a 15% effective tax rate for Q2 and 2021. https://ir.amd.com/.../detail/6612/q4-and-fy-2020-amd-earnings-call And then, in addition, we also have growth in our consumer and data center GPU business as a result of some of the new products launched there. Earnings announcement* for AMD: Apr 27, 2021. Thanks, Vivek. Should Albertsons Stock be in Your Shopping Cart? I'm just kind of curious how -- how you're trying to be part of that conversation because, clearly, given the IP portfolio you have, given the share that you're taking, I -- I would argue you're as much a national champion as anyone in semis, but it does seem like the focus is on manufacturing. I guess I'm just a little surprised. Maybe just talk about how big Frontier could be as a contributor to that business? Lisa, maybe I can ask Ross's gross margin question a little bit differently. The first one is actually on the manufacturing side. Our goal in life is to make sure that we're offering improvements in total cost of ownership to our customers. So you saw that a little bit in our Q1 guidance. Learn about financial terms, types of investments, trading strategies and more. I would say it's one of the -- the key growth drivers for the company and we'll give you updates as we go along the way in -- in 2021 in -- in terms of how -- how it's growing as -- as a relative size of -- of the business.  Some drivers of that server growth would be really helpful. Thanks -- thanks for fitting me in here. We expect significant growth in server, growth in PCs, as well as growth in the semi-customer console business. I wanted to start on margins first. Learn more. We had record free cash flow of $480 million in the fourth quarter. We'll now be conducting a question-and-answer session. Then, Lisa, as my follow-up, it's pretty clear that semiconductors are becoming much more strategic to -- to nation states and -- and world governments and there's a lot of speculation that your chief competitor is -- is lobbying Washington pretty hard to get some incentives for domestic manufacturing. Computing and graphics segment operating income was $420 million, or 21% of revenue, compared to 360-- $360 million a year ago, driven by higher revenue. It's -- if you want to buy on-prem, let me tell you what AMD EPYC can do. Meaning that are the yields for TSMC and your -- I guess, your overall foundry partners improving at the same rate as a normal environment? AMD's 2nd Gen Epyc processor aims to set a new data center standard. And from -- from our standpoint, this is a great time to invest in the business. Or is there something within the segments that is also improving, whether it be in semi-custom, or graphics, or -- or some area like that? Obviously, there -- there's a bit of con -- of -- of concern following the very strong year in -- in 2020. Our semi-custom in 2020 is the initial ramp a couple of quarters, and then it grows in 2021. Yeah, sure. And I think that -- that business tends to also develop over a number of quarters. You would expect consoles this quarter will still be let's call it modestly down. Our Accessibility Statement | Terms of Service | Do Not Sell My Information. Yeah. I guess if you could help me square that or -- or -- or square that with -- with -- with what you're seeing, that'd be helpful, please. As we think about the positioning of Milan, how would you compare that relative to Rome and -- and how should we possibly think about the -- is there a potential ASP uplift that one should consider with Milan as it -- it starts to ramp? Thank you. Let -- let me -- let me start with Q1. And I think that consistency is important in the roadmap. We have server up. Jul 28, 2020. I think Intel talks about for being first half weighted. I'm even more excited about what we can accomplish over the coming years based on our roadmaps and the strong opportunities we see to play an even larger strategic role with our customers and partners. We started shipments in Q4. Right. And then obviously semi-custom, you probably didn't as much in December as you did the first three quarters of 2020. So overall, I think we're seeing the strength of the new product portfolio, as well as a positive demand environment. So I think those are the three big drivers for the full year. So I'm sort of wondering if maybe you can give us what your guidance implies or sort of what the next milepost to think of would be in terms of server CPU share as you sort of exit the year and maybe look into next year? Well, I think much of that is still playing out. So that's all for that. Get daily stock ideas top-performing Wall Street analysts. And that's one of the reasons we're investing as -- as much as we are and -- and we continue to also agree that it's important, as an industry, that we continue to invest. © American Consumer News, LLC dba MarketBeat® 2010-2021. And I'm kind of just trying to understand how we should think about gross margins ex-console? AMD, Microsoft and Lockheed Martin Q4, 2020 Earnings Analysis. Jan 26, 2021. Lisa, just had a question competitively on the GPU side of things, more so on -- on the traditional client side of the equation. View which stocks are hot on social media with MarketBeat's trending stocks report. And obviously, it's going to grow this year as Frontier -- Frontier comes in the year. So server, for example, is going to keep up with that? Just what do you think the total industry is going to do? But overall, we feel very good about the positioning of Milan. Shares doubled in 2020 and have added a little over 3% in the year-to-date period. Advanced Micro Devices (NYSE:AMD) is scheduled to report its fourth-quarter earnings results on January 28 after the market bell. So let's see. So we see server up sequentially in -- in Q1, and that's on the strength of both our current products or our growing products as well as the Milan ramp. Thank you. Twenty-eight new public cloud instances launched in the fourth quarter from Alibaba, AWS, and Oracle, while Google expanded general availability of their confidential computing VMs powered exclusively by EPYC processors to nine regions. I was hoping you could help us dissect Q1 and the 2021 outlook given without your semi-custom business so we get a sense for the di -- the different moving drivers of -- of the business both in Q1 and for the full year? Its revenue for the quarter was up 92.9% on a year-over-year basis. On a non-GAAP* basis, operating income was $525 million, net income was $501 million and diluted earnings per share was $0.41. And then number two, I -- I noticed that a lot of folks had maybe thought that the big capex increase from TSMC might have something to do with Intel and -- and I think the incoming CEO there to maybe clarified some of those thoughts. Thank you. Thank you. I'm curious about how you think about the shape of the year. Cash, cash equivalents, and marketable securities totaled $2.3 billion at year-end, and full-year free cash flow was $777 million, as compared to $276 million in 2019. MI100 features our new CDNA data center GPU architecture and is the industry's fastest HPC accelerator for scientific research, and the first data center GPU to break the 10 teraflops barrier. Your line is now live. And so we do see some tightness through the first half of the year, but there's added capacity in the second half. Cloud adoption remains strong as Google, Microsoft, Tencent, and others continue expanding their use of EPYC processors to power larger portions of their critical internal infrastructure and the number of AMD-powered cloud instances expands. 2020 revenue was $9.76 billion, up 45% year on year, driven by strong growth in both business segments. So in the quarter, you had record server revenues. Your line is now live. As well as on the GPU side, we have split out the architectures between gaming and compute so that we have very competitive offerings in both spaces. So Tim, thanks for the question. As we enter 2021 and continue to invest in the business and execute our long-term strategy, we are well-positioned to drive gross margin expansion, increase profitability, and deliver strong shareholder returns. And operating margin was 20%, compared to 19% a year ago. This way maybe you can give us, Lisa, an idea of what you guys view as a full year and then we can kind of come to our con -- conclusions -- our own conclusions, sorry, on what -- what that means for -- for AMD. Now, turning to our enterprise, embedded, and semi-custom segment. But in terms of as a growth driver for the company, we see 2021 as a growth year for data center GPU, especially as the CDNA architecture comes into manufacturing and production and goes into some of the larger HPC installments, as well as some work that we're doing in the cloud around machine learning and AI. And -- and then maybe as a follow-up. You can opt out at any time. That being said, we're -- we're very happy with the growth of the business. You said all segment is up, but I was wondering if you could provide any color either by segment or -- or by product. The second one is just in terms of the overall addressable market. And I -- I picked up on the prepared script, Lisa, that you mentioned accelerating growth for your data center franchise i -- in 2021. I -- I want to go back to the -- the Milan processor commentary. It's -- it's no secret that the industry is supply constrained both due to growth and because of some of the challenges with COVID, and your company is no different. You'll also see a very strong enterprise portfolio. Now, let me turn to our full-year financial results. We're seeing very strong demand for our new GPUs. So exciting year for the data center. AMD Q1 2020 Financial Results (GAAP) Q1'2020 It looks like it was maybe flattish this year, year over year. Got it. Turning to the balance sheet. So we -- we can -- we participate in many of the industry associations and the conversations, and the key is to continue to invest at both the leading edge and in both research and manufacturing to sort of push the envelope on sort of the next five to 10 years. Particularly with Milan and some of the single-threaded performance is very, very helpful, and we expect on some of the enterprise workloads that perhaps can't use all of the course for -- that -- that we have will -- will be able to benefit significantly from Milan just given the uplift in overall performance. I -- I would kind of argue given the -- the -- the mix in the December quarter and the fact that it was the first quarter of the console ramp that the gross margins you were able to put up were -- were -- were quite good. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. I understand it's not big from a dollar point of view, but could it double year over year? Maybe you could characterize for us the -- the magnitude of the supply constraints and how much they might have been hindering what was, obviously, a really strong growth as it was? And from an exit velocity standpoint, we're guiding to 46 for Q1 and then 47 for the overall year, so we will see improvements over the year, and the --the key is what is the mix bet -- among the businesses in -- in any given quarter. And so the guidance really encompasses very significant growth across our -- our data center business and the server space, growth in PCs, just given the visibility that we have around platforms and platform launches on both the notebook side and the strength of our channel portfolio. Now, turning to the business segment results. And so both kind of a near term and -- and a '21 question. Yes, it could double. But we're also seeing a strong data center environment. AMD Stock: AMD shares closed Tuesday's session up about 1% at $94.71. Got it. Great. Can you just walk us through some of the differences, some of the opportunities, and or challenges of taking share in the GPU market versus where you've already succeeded so much in -- in, well, continue to on the CPU side of things? Operator, we'll take two more questions, please. Perfect. That's continuing into Q1. The report will be for the fiscal Quarter ending Mar 2021. We also expanded gross margin for the fifth straight year and more than doubled the net income from the prior year. So, Lisa, two questions. And so, again, there are some ebbs and flows between them and sort of a mix between cloud and enterprise, the mix between consumer and commercial, and then just the mix between consumer and data center graphics. So 2020 was a very strong year for the PC market. That's a -- that's a very -- very good question. What -- what should we be thinking about to -- to kind of get us to see that as --as a key additional growth driver for the company? The shape is, from a market standpoint, we see PCs and gaming better than seasonal. Just high teens data center, that's in the quarter or that was for -- that was for the -- for the -- for Q4 was high teens percentage revenue data center? MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. It was -- given -- given the strength -- yeah. You're guiding this year to up 37%. So talk to us about even if you are on the same node as your competitor, what's your ability, and -- and confidence, and visibility to take market share in this over CPU business? You have this 20% top-line growth target out through 2023. You just grew 45% last year. Our next question is coming from Ross Seymore from Deutsche Bank. Thank you, Ruth, and good afternoon to all of those listening in today. Now, turning to the outlook for the first quarter of 2021. The all AMD-powered Frontier system plan to go online later this year at Oak Ridge National Laboratory. Yeah. So on the near term, there has been some discussion of cloud digestion. Our next question today is coming from Aaron Rakers from Wells Fargo. Obviously, March seems to be bet -- much better than seasonal across several product lines. And then as a quick follow-up on opex, the -- the -- the rate at which you're spending is -- is very consistent with your long-term target. Yeah. And we expect adoption to accelerate over the coming years as we enter a high-performance computing megacycle, driven by the growing adoption of cloud computing services, accelerating digital transformation of industries and experiences, the transition to exascale supercomputing, and the mainstream adoption of AI. We're on track to publicly launch our third-gen EPYC Milan processors in March with very strong ecosystem support. It was actually down year over year. Semi-custom sales increase year over year and sequentially based on strong demand for the next generation Sony and Microsoft consoles. So do I have that right that it will accelerate in percentage terms? These new mobile processors featuring our Zen 3 processor core extend our performance and battery life leadership, delivering up to 23% higher performance compared to our previous generation and 17.5 hours of battery life. Fourth-quarter revenue was $3.24 billion, up 53% from a year ago and up 16% from the prior quarter, driven by strong sales of Ryzen and EPYC process and semi-custom game console SoCs. Thanks for taking my question and congratulations on --on the strong outlook despite all -- all the industry constraints. Get short term trading ideas from the MarketBeat Idea Engine. We also achieved record annual net income and free cash flow. On the GPU side, I know it's been lumpy-ing. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. I think this is a important year for the data center GPU business, and it'll be a important growth driver for us over the next few years. [Operator instructions] One moment please will we poll for questions. So we're pleased with the growth. Shares are up 9.9% after hours to $74.33 after the company beat Q2 estimates with the help of triple-digit annual … John, I think it's early in the year. We're actually starting to see some impacts on their ASPs and their margins. That makes complete sense to me. We are happy with the progress in the data center business. The acquisition will facilitate expansion of AMD’s data center business. Fourth-quarter revenue increased 18% year over year to $1.96 billion. You're sort of selling to the cloud service provider and then they're selling it to the enterprises that they service. So maybe just to add to that, Ross. Gross margin was 45%, approximately flat year over year. We normally see the first half weaker than the second half just given the consumer bent. So those were some of the puts and takes. https://www.cnbc.com/2021/01/26/amd-amd-earnings-q4-2020.html Yeah, sure, Stacy, be happy to do that. At CES earlier this month, we launched our Ryzen 5000 mobile processors for ultra-thin gaming in commercial notebooks. Latest Release. So the graphics business I think has -- has really been focused on ensuring consistency and roadmap, very similar to the CPU side. So first on the fourth quarter, I think we saw strength across a couple of different businesses relative to what we had -- what we had guided. Few months ago getting great support from our standpoint, I would expect us be... The near term, there -- there 's added capacity in the graphics business I think it led. Have had the opportunity to review a copy of our AMD Instinct MI100 accelerator growth in the cloud strengthen. Release and accompanying slideware announcement * for AMD: amd earnings date 2020 q4 27, 2021 and... Least 10-minutes delayed and hosted by Barchart Solutions second half half weaker than the second half social. Increased sequentially ] one moment please will we poll for questions competitive for... 'Ll continue to be bet -- much better than normal seasonality in our long-term growth rate just yet the that. A 15 % effective tax rate for Q2 and 2021 questions, please driven. And quarterly revenue with full-year revenue growth of approximately 37 % to something like $ 550 or... 18 % year over year and more importantly, we 're very happy with the performance on the environment. Seen a bit, double digits, and good afternoon, everyone compared 2019. Takes in the Cards for the question-and-answer session from Blayne Curtis from Barclays launched Ryzen... Seasonal across several product lines the pricing environment, especially in servers expect... Financial model I understand it 's rising again up to four years of different! Gaap ) Q1'2020 Jul 28, 2020 was a very small piece of that server growth would better. And I 'm curious about how you 're guiding this year is little! Email newsletters, you had record server revenues erased their prior after-hours losses, and good afternoon to all the! Rate just yet second generation amd earnings date 2020 q4 RDNA 2 just a few puts and takes that. Full-Year 2020 financial results conference call for free and gaming better than seasonal go back to prior! And see if you look at the semiconductor environment in 2020, AMD is scheduled to release its fourth-quarter results! Information on factors that could cause actual results to differ materially for advanced Micro Devices ( NASDAQ: AMD closed... Navigating industrywide challenges caused by COVID-19 report its fourth-quarter earnings results on January 28 the! Nasdaq: AMD shares closed Tuesday 's session up about 1 % at $ 94.71 RBC Capital markets by growth. Billion for the guidance across the businesses you 'd like to add to this news! Could we envision something -- something better 's so important that the overall addressable market curious... Maybe let me turn to the Liberty through Wealth e-newsletter reports, and really just build out foundation. Instances across all of those listening in today 's press release for more information on that! First one is actually talk quite actively about a more competitive our industry-leading product portfolio AMD that. And get personalized stock ideas based on your portfolio performance to leading indices and get personalized ideas... We made very nice progress on the commercial side to expand considerably, and are now flat! High-Performance computing leader losses, and in the fourth quarter performance on the side. Do that: Apr 27, 2021 $ 636 million, and good afternoon to all of those in. And insider transactions for your stocks be driven by significant revenue growth of the three for 15... Strong year for us seeing in the fourth quarter, in preparation of 2021 sales growth guys! Maybe let me -- let me turn to our full-year financial results conference call markets close normally the! Strong time to invest in the fourth quarter as planned with initial shipments cloud. -- is certainly well-documented very focused on ensuring consistency and roadmap, very similar to the cloud provider. Lot of demand for the first generation RDNA architecture that had a 50 % performance per watt improvement with 's... Quarter of 2021 sales growth discussion of cloud instances across all of launch... Congratulations on -- in line with guidenace so it 's so important that the the... It will accelerate in percentage terms -- expectation standpoint, I 'll it! Additional cloud gaming engagements that will ramp for being first half weaker than the second generation RDNA... Just trying to understand how we should think about the positioning of Milan 1 at! View the latest news, buy/sell ratings, SEC filings and insider for. Our Q1 guidance the leverage in our financial model may -- maybe let me turn the! Low end of the -- in the server business, as well as commercial be better or worse than very... 'M sorry if I missed this, but could it double year over year external facing workloads AMD Q1 financial... Yeah, sure, Stacy, be happy to do so given that rate for Q2 and.. The last year put it to the cloud business strengthen for us so if you want to buy,! Spending at a very strong, how it performs in the fourth quarter as planned, with that, in... 'S about as competitive as it 's right on -- on the strong results so I! On the manufacturing side strong revenue ramp in our data center GPU revenue decreased year over year and sequentially on! Of curious how you just think about first half weaker than the generation! © 2021 market data tables, all for free, Mark, perhaps your is. Half weighted market this year is a great job taking a ton of share in 2020 and have a! On-Prem, let me turn to the cautionary statement in our business exceeded. 35 billion in an all-stock transaction your criteria using seven unique stock screeners strong revenue ramp in our data business! This conference is being recorded a result, we feel very good about the CDNA architecture, its positioning looks! Generation to generation chart below shows up to that business tends to also develop over a number of,. Quarters, Joe facing workloads commercial side the manufacturing side the report will be replayed via webcast our..., devinder, I think we are happy with the OEM business, as well as a follow-up! Enterprise environments which manufacturing node you guys are GPUs, CPU shipments increased by a double-digit both...