Nevertheless, the company posted a slim loss of $16m for the three months to the end of June, although revenues should continue increasing as the company rolls out more Ryzen models, including the imminent Ryzen 3, Ryzen parts with integrated Vega graphics processing units, and Ryzen Pro CPUs intended for business.
AMD is filling out its processor lineup today with the launch of its budget-focused Ryzen 3 chips. The fact for that is simple: Ryzen Threadripper has a huge heatspreader and it looks like most coolers that are currently available don't feature base plates that would cover the entire heatspreader. First, for a CPU that traps a great deal of heat below the heatspreader, thanks to the use of thermal paste instead of solder, and second, for X299 board specs that apparently allow motherboard manufacturers to use poor VRM cooling.
The company's shares rose 8.2 percent to $15.27 on the back of the report. Both processors are lined up against Intel's Core i3 7100 (dual core / 119 USD) and 7300 (dual core / 149 USD) processors.
The competition from AMD will be closely watched, as AMD also reported a good quarter and it will likely generate more revenue from the recent launches in the coming quarters. The segment revenue was down 5% year-over-year with operating income falling to $42 million, from $84 million in the comparable quarter in FY 2016. In comparison, AMD lets you overclock Ryzen 3 on cheaper B350-based platforms.
Shares of AMD gained 24.4% year to date, significantly underperforming the 31% rally of the industry it belongs to.
Advanced Micro DevicesAMD reported a loss of a penny in second-quarter 2017, which was narrower than the Zacks Consensus Estimate of a loss of 2 cents. AMD is clearly on course for a turnaround and the rally in the stock price is far from over. That means you can gain tremendous performance in the lowest price bracket.
Ryzen 3 takes this a step further by keeping to that 2+2 but then also reducing performance by deactivating the simultaneous threading (SMT) capability. They're multiplier unlocked, giving the end user full control over performance tuning and overclocking. If Ryzen 3 performs as well as the numbers given, then system builders have yet another reason to be excited this year.
The gap is most pronounced in multi-threaded workloads where the 1500X is able to bring its extra threads to bear.
But AMD will need to exceed its long-term outlook for the current stock price to make any sense. Alongside that, the base cooler that came with the Ryzens was left in the box. More specifically, AMD is targeting the gamer who is aiming for a smooth 1080p gaming experience.
Better-ranked stocks in the broader technology sector include Cypress Semiconductor CY and Applied Optoelectronics AAOI, both sporting a Zacks Rank #1.
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