Another thing that's positive today is that AMD released another investor presentation, in which they reiterate the 2H 2017 launch schedule for consumer Ryzen Mobile (Raven Ridge). Some were starting to doubt it after the 12LP process news.
.....from one of those Market Realist series.....................AMD’s chief financial officer, Devinder Kumar, noted at the Deutsche Bank Technology Conference that the company has significantly reduced its quarterly operating expenses from almost $600 million in 2012 to ~$350 million in 2016 by prioritizing R&D spending on core areas. (that doesn't sound possible....nearly down a BILLION a year from 2012????)
doesn't seem possible it all came out of R&D..............and R&D will have to go back up some to remain competitive.......................but one thing I want to say...........I'm sure Lisa looks at all components of OP Ex and makes sure she understands them............it is no accident that OP EX went down so much...........and when it starts back up, it won't by accident either.
Sweclockers confirms rumour of limited availability for Coffee Lake until 2018:
"Those who wait for Intel Coffee Lake may have to wait longer than October 5th. According to information obtained by SweClockers, there is a shortage of new processors until after the turn of the year."
PS. The article confirms that motherboard availability is good, though. However, processors may not become widely available until mid-December, with volume in 2018. The source speculates that the effect of moving the launch earlier in time (it was originally scheduled for 1Q 2018), the launch of Coffee Lake now may have an Osborne effect on the Kaby Lake range, and due to poor availability, drive customers to the AMD platform, contrary to the intent of accelerating the launch.
There were games being played between OpEx and R&D over the last several qtrs. Devinder got grilled on that issue in the CC's, but I didn't pay so much attention to it. Intel has been doing something along that line as well, what they did is shift the leading edge product from the low end mobile to servers, and as a result, they charge more of the process development against the datacenter rather than client compute segments. Again, I didn't follow it all, but they are both playing accounting games.
I have no idea. I wouldn't think embedded GPU announcements would move this much, I don't recall them doing so in the past. Its a very small market for AMD, the shift in market cap today would likely equal 5 years of embedded GPU sales, not to mention profits.