quite a nice financial analyst persentaton and many people got a good impression on the company's future. Intel still has to talk about Ivy Bridge and Cedar Trail Atom, something that competes with Bulldozer and future 28nm Fusion chips, but AMD has already announced its future plans, at least the rough ones, without much in the way of specifics.
The chaps from JPM Securities, Me Alex Gauna in particular has come up with a new report that doesn't loook that shiny for AMD. He said „industry checks pointing toward end-market weakness as well as disadvantaged product positioning relative to Intel (INTC) and ARM-based (ARMH) competition.“
And here is why:
He has tree primary concerns, first being that Server market weakened with the company losing share and customer visibility diminishing.
The second is that AMD will likely lose discrete GPU market share to Nvidia in coming quarters and the last is that “The company seems unable to convert consumer notebook design wins into revenue share gains.”
We just hope that Ontario and Zacate 100 design wins will become more viable and sell in higher quantities then previous attempts.
AMD closed last night at $7.35, still much better than $5.61 the lowest that the stock traded in the last few months, on August 31st. Things are not that shiny but AMD has been trough worse, if only they could make a bit higher ASPs, all would be better again.