Where Will Advanced Micro Devices Be in 5 Years?

One of the bigger stories in tech over the past couple of years has been the ascent of Advanced Micro Devices (NASDAQ: AMD). AMD used to be the also-ran of the CPU and GPU markets, lagging the dominant leaders Intel in CPUs and Nvidia in GPUs.

Yet that's beginning to change. After taking the helm in 2014, AMD CEO Lisa Su mapped out a way forward to catch up to these bigger rivals. She decided to skip the 10-nanometer node on AMD's portfolio of chips and go straight ahead to 7-nanometer. That decision, made a few years ago, has catapulted AMD ahead of Intel this year in the race to 7-nanometer CPUs for both PCs, desktops, and data centers.

Nevertheless, AMD's recent earnings report only showed a paltry $0.08 in non-GAAP (adjusted) earnings per share (EPS). Additionally, the company lowered its full-year guidance, which has been impacted by the trade war with China and declines in the current game console cycle.

Continue reading

Quelle Fool.com