Allen
Hotshot
Joined: Oct 1999
Posts: 8,856
Ohio USA
Quote:
AMD Reports Q3 2016 Earnings Increased GPU sales offset decline in desktop CPU shipments
Last week, AMD posted its earnings report for Q3 2016, showing a revenue increase of 27 percent over the previous quarter and up 23 percent year-over-year..
..The company says the operating loss this quarter, compared to an $8 million operating loss in Q2, was due to a $340 million Wafer Supply Agreement (WSA) with GlobalFoundries. The agreement, amended in August, lasts five years and allows AMD to source its 7nm process node from GlobalFoundries...
Revenue up. But, net loss due to "investments" for the future -- including source for 7nm node.
Since the agreement with Global Foundries lasts 5 years, I "assume" that means 7nm will be coming in roughly 3 or 4 years. As other reports have indicated/speculated, AMD is skipping 10nm and going straight to 7nm for its next node.