Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AMD, ARMH, INTC, NVDA -- Ignore unavailable to you. Want to Upgrade?

To: Vattila who wrote (42071)	7/27/2021 3:29:19 AM
From: Vattila	Read Replies (1) \| Respond to of 72278

AMD 2021-Q2 EPS Contest (non-GAAP) — Last call for participation AMD is reporting earnings after the close today. Q2 2021 AMD Earnings Call :: Advanced Micro Devices, Inc. (AMD) Contest entries will be accepted up until the close. In particular, Engineer and Neolib need to submit entries to maintain leaderboard positions for 2021. Everyone else are also welcome to enter, of course! Message 33411525

To: Vattila who wrote (42071)	7/27/2021 3:05:25 PM
From: neolib	Read Replies (2) \| Respond to of 72278

My entry: 3.74B, 0.60c/sh, 3.95B Q3 My rambling thoughts are below: AMD Guidance: 3.6B +/-100M 47% GM 50% FY growth. Q1 was 3.45B 2020 FY was 9.76B x 1.5 = 14.64B – (3.45 + 3.6) = 7.59B/2 = 3.795B each for Q3 and Q4 if flat. Intel beat Q1 guidance by 3.9%. If AMD did the same, that would be 1.039x 3.6 = 3.74B That is 3.74 – 3.45 = 290M + over Q1 x 0.47GM => 136M/1.2Bshs = 11cents/share. That would say 52 + 11 = 63c/shr. But they always fritter some of it away, I’ll go with +8 so that is 60c/sh Intel raised their full year guidance by only 1.4% vs Q1 guidance. No help there for AMD. AMD 2020 Q1, Q2, Q3, Q4: 1.79B, 1.93B, 2.8B, 3.24B and AMD grew 45% YoY. 2H/1H 2020 = 6.04/3.72 = 1.62. But this huge half split was largely due to console being dead in 1H and being well recovered in 2H. If we take that as 600M average/qtr, then 1H would have been 3.72 + 1.2 = 4.92. That gives a half split of 6.04/4.92 = 1.22 2021 H1: = 3.45 + 3.6 = 7.05 x 1.22 = 8.60/2 = 4.30. But push Q3 down a little and Q4 up a little, and I’ll pick 4.0B for Q3. This would also result in FY growth of 15.65/9.76B = +60%, a raise from 50% current guidance.