Under the leadership of AMD CEO Lisa Su, the company has made it very far. I don’t think that people could think that AMD would make it so far five years back. But AMD is here and is gaining market share rapidly.
The tech market is a bit cautious these days keeping in mind that America is caught up in a trade war with China. Trump announced a 10% tax on $200 billion of imports from China in late September. He also mentioned that this could increase to 25% in January if a deal is not made. You can imagine why tech companies are concerned. They have a lot of manufacturing in China.
AMD has plants in China a well but AMD CEO Lisa Su does not see this as a threat but an opportunity. She said that this will allow AMD to gain additional market share. She mentioned that while AMD does have facilities in China it also has facilities in other places across the world so AMD should not be affected.
AMD Ryzen CPUs have done pretty well ever since they came out. The Q3 2018 sales were 70% higher as compared to the previous year. Sales were lower as compared to the previous quarter but that is due to the mining boom coming to an end. The following is what AMD CEO Lisa Su had to say in this regard:
Sales of consumer processors and servers increased significantly, although graphic card sales were lower this quarter. Looking forward, we believe that we are well positioned to obtain higher profits and market share as we continue to make significant progress towards our long-term financial goals.
AMD Ryzen CPUs have been killing it. Intel has a lot to compete with. Keeping in mind that Intel is having issues with the 10nm process things might turn out to be difficult for Intel. We heard that Intel might have canceled the 10nm process. Later on, Intel claimed that was not the case. So it is a bit confusing right now but we will find out the details soon enough.
Let us know what you think about this statement from AMD CEO Lisa Su and whether or not you agree with it.