Gross margin up by seven percent, but falls short on analysts expectations
AMD has reported positive financial results for the fourth quarter of 2019, with revenue of $2.13 billion, which is 50 percent higher compared to the same quarter last year. Unfortunately, its shares have dropped by four percent due to weak Q1 outlook and failing to meet analysts' expectations.
Highest revenue in a long time
AMD has announced its Q3 2019 financial report, with revenues of $1.8 billion and a gross margin of 43 percent. This is one of the best reports the company had in a long time, showing that it has Ryzen has woken from its slumber.
Things to get better
Xilinx is a company that makes great products and technology but in the past didn’t manage to penetrate the mainstream IT media’s due to the complexity of its products. That is all changing now, the company with its Datacenter, AI, 5G and Automotive aspirations managed to grab a lot of attention and score 34 percent year on year growth.
Stocks jumps 9.85 percent
AMD has announced its Q2 2017 results and they are a bit better than Wall Street expected with $1.22 billion revenue versus an expected $1.16 billion.
Strong Chinese licensing and chipset shipments
Qualcomm is having a great day. Not only has the outfit acquired NXP for $47 billion it also announced that it made $6.2 billion revenue in this quarter – an increase of 13 per cent year-over-year.
Who needs USA?
While everyone is moaning about the downturn of the smartphone industry, Huawei is seeing a 30 percent increase in revenue.
Second consecutive quarter
A drop of 9 million from previous 12 months