AMDï¼?AMD.Oï¼?äº???äº??¶é? 2023 å¹ 11 ?? 1 ?¥ä?????ç¾??¡ç??????å¸?äº? 2023 å¹´ç?ä¸?å£åº¦è´¢æ?¥ï???? 2023 å¹ 9 ??ï¼?ï¼?è¦??¹å?ä¸?ï¼?
1???´ä?ä¸?绩ï?å¼?å§???å£å??å¥?/strong>??$AMD.US? 2023 å¹´ç?ä¸?å£åº¦å®??°è?¥æ? 58 亿ç???ï¼???æ¯?å¢?? 4.2%ï¼??¥è?å¸??ºé???ï¼?57.05 亿ç???ï¼????¶å?¥ç??ºç?°ä????????ï¼?主è???客æ?·ç?ä¸??¡å???°æ??¸å¿?å¼?å§???????å½±å????AMD ? 2023 å¹´ç?ä¸?å£åº¦å®??°å???©æ¶¦ 2.99 亿ç???ï¼???æ¯?å¢?? 353%??客æ?·ç?ä¸??¡ç??大å?????ï¼?ç»???????©æ¶¦å¢??¿å¸¦?¥æ??????
2????ä¸??¡ç???ï¼?客æ?·ç???è¶?é¢????????åºþ@???¸å??大ä??¡å??æ¯??¸å?å¹³å??ï¼??½å? 2-3 ???????¨å??大ä??¡ä¸ï¼????¸æ???åºþA?é¢???ä»???客æ?·ç?ä¸??¡ã?????åºþ@???¸å??·ç?ä¸??¡å??æ¯?????????? 40% å¤???å¢??¿ï?ä¸??¡é?¢æ???¾å??????
3??AMD ä¸?绩æ??å¼?ï¼?2023 å¹´ç???å£åº¦é¢????¶å? 58-64 亿ç???ï¼?å¸??ºé??? 64 亿ç???ï¼??? non-GAAP æ¯??©ç?? 51.5% å·þ@?³ï?å¸??ºé??? 52%ï¼????¶å?¥ç???????? 0%-10.3%ï¼?è¿?主è?????为å??·ç????°æ??¸å¿?ç?ä¸??¡è§¦åº?????å¸þ@?¨ã??æ¯??©ç??ç«?????????ï¼??¥ä?äº?å¸??ºé???ï¼?客æ?·ç?ç?ä¸??¡é????ä¸?游å?ºè´§å¢???ï¼????©è?½å??è½?¥½??
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AMD ???åºþ>??è´¢æ?¥æ?´ä?ä¸?绩ä¸è§?ä¸??©ã???¶ä¸?¶å?¥ç??¥è?å¸??ºé???ï¼?æ¯??©ç????????ä¸???å¸??ºé???????ç»???å£åº¦?©æ¶¦?¥ä?äº?å¸??ºé???ï¼?ä½????绩è??¿è?????ä¸?????????
???? AMD ç»??ºç??ä¸?å£åº¦??å¼?ï¼?ç¬???å£åº¦é¢????¶å? 58-64 亿ç???ï¼?å¸??ºé??? 64 亿ç???ï¼??? non-GAAP æ¯??©ç?? 51.5% å·þ@?³ï?å¸??ºé??? 52%ï¼?????å¼??°æ???´ä??¥ä?äº?å¸??ºé???ï¼?ä½???????è¶??¿ä?è¿??¨ã??
ä»?ç»???ä¸??¡æ?¥ç??ï¼?AMD ????ä¸??¡è¡¨?°å??å¼???客æ?·ç?ä¸??¡ç????ç»?????ï¼??°è?äº? PC è¡?ä¸??¢ç??????è¶??¿ã???°æ??¸å¿?ä¸??¡å??¿ç?¸å???å¼±ï?ä½?ä¸?å£åº¦?°å???¨å?ºæ????????????游æ??ä¸??¡å??åµ??¥å?ä¸??¡å????ä¸?æ»?ï¼?å½?????æ±?è¾?为ç?²è½¯??
综å???¥ç??ï¼?æµ·è???认为 AMD å·²ç?è¿??¥ä?ä¸?绩å??????æ£å??轨é??ï¼????¸ä?绩å?继ç»????äº? PC ä¸??¡å???°æ??¸å¿?ä¸??¡ç??å¢??¿æ???¨ã????è¿?份ç?¸å? ¡°????¡± ??è´¢æ?¥å¹¶æ²¡æ??å¸þ=?¥è?å¤???äº??¹ï?????对è?¡ä»·å½±å??ä¸?大ã?????¡ä»·??è¿?ä¸?æ¥ä?è¡?ï¼?ä»???è¦????¸æ???´å?è¶?é¢?????表ç?°ã??
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1.1 ?¶å?¥ç?
AMD ? 2023 å¹´ç?ä¸?å£åº¦å®??°è?¥æ? 58 亿ç???ï¼???æ¯?å¢?? 4.2%ï¼?å°?è¶?å¸??ºé???ï¼?57.05 亿ç???ï¼???ä»????å±??¢ç??ï¼????¸æ???åºþ=?¶å?¥å?å§?????ï¼?è¿?主è?????äº?客æ?·ç????°æ??¸å¿?ä¸??¡é?¢ç????????
1.2 æ¯??©ç?
AMD ? 2023 å¹´ç?ä¸?å£åº¦å®??°æ?? 27.47 亿ç???ï¼???æ¯?å¢??? 16.7%??æ¯??©ç??å¢???è¶?è¿??¶å?¥ç?ï¼?主è?????为æ??©ç?????ä¹?????????
AMD ?¨æ???åºþ>??æ¯??©ç??ä¸ 47.4%ï¼???æ¯????? 5.1pctï¼?ä½?äº?å¸??ºé???ï¼?48.9%ï¼???æ¯??©ç????????ï¼?主è?å¾???äº??¶è´??å½¢è?产æ????????å°???客æ?·ç?ç?ä¸??¡é?¨é?¨ç?????©è?½å????????
1.3 ç»??¥è´¹??/strong>
AMD ? 2023 å¹´ç?ä¸?å£åº¦??ç»??¥è´¹?¨ä¸º 20.8 亿ç???ï¼???æ¯?å¢?? 13.5%ï¼?è¿?主è???????ç«?????ç»????¥å¸¦?¥ã??
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1ï¼?????è´¹ç??????åºþ@???¸ç??????è´¹ç?¨ä¸º 15.07 亿ç???ï¼???æ¯?å¢?? 17.8%ï¼?????è´¹ç?¨ä??´é?½å???°å??¿ç?????¿ã??ä½?为ç??????¸ï????¸æ??ç»???è§????????³ä½¿ä¸?绩ä?è°·æ??ï¼????¸ç??????ä»??¨æ????ï¼?
2ï¼???????管ç??è´¹ç??/strong>ï¼????åºþ@???¸ç????????管ç??è´¹ç?¨ä¸º 5.76 亿ç???ï¼???æ¯?å¢?? 3.4%?????????è´¹ç?¨æ???µå???¥æ?¶å????????¾ç???¸å?³åº¦??
1.4 ???©æ¶¦
AMD ? 2023 å¹´ç?ä¸?å£åº¦å®??°å???©æ¶¦ 2.99 亿ç???ï¼???æ¯?å¢?? 353.4%?????åºþ@???©ç?? 5.2%ï¼????继ç»??????
?±ä? AMD ??ç»?? Xilinx ???¶è´äº§ç??äº?è¾?大ç????延费?????æ¤æ???¥ä?段æ?¶é?´é?½å?对侵???©æ¶¦????对ä????åºþ>??å®???ç»??¥ç?¶å?µï?æµ·è???认为 ¡°?¸å?ç»??¥å?©æ¶¦¡± ?´å??è´´è???
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?¨å???¤æ?¶è´è´¹ç?¨å½±????ï¼?æµ·è???æµ?ç®? AMD ???åºþ>???¸å?ç»??¥å?©æ¶¦ä¸ 6.64 亿ç???ï¼????å¢??? 46.6%???¨å??·ç????°æ??¸å¿?ä¸??¡ç??å¸þ@?¨ä?ï¼????¸ç??¥ç?ä¸?绩æ???¾å??????
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ä»????¸ç????ä¸??¡æ???µç??ï¼?AMD ???åºþ>????项ä??¡æ?¶å?¥å??æ¯??¸å?æ¯?è¾?å¹³å???½å? 2-3 ?????¶ä¸???åºþ@?¨æ?°æ??¸å¿???客æ?·ç?ä¸??¡ç????????????µä?ï¼?两ä??¡å??计å??æ¯?????? 50% 以ä???
2.1 ?°æ??¸å¿?ä¸???/strong>
AMD ???°æ??¸å¿?ä¸??¡å? 2023 å¹´ç?ä¸?å£åº¦å®??°æ?¶å? 15.98 亿ç???ï¼???æ¯?ä¸?æ»? 0.7%ï¼??¥ä?äº?å¸??ºé???ï¼?16.23 亿ç???ï¼?ï¼?主è?????为å???¸ç???ä» EPYCTMï¼???é¾?ï¼?CPU ?????½æ??å¢??¿ï?ä½?è¢?????åº?ç³»ç?级è????ï¼?SoCï¼?产å????????ä¸??????µæ???
???¸ç?? MI300A ?? MI300X GPU 产å??å°??¨å??å£åº¦å¼?å§???产å?ºè´§ï¼?é¢?计å?å¸þ@?¨æ?°æ??¸å¿?ä¸?å£åº¦??ä¸??¡ç»§ç»???????
2.2 客æ?·ç?ä¸???/strong>
AMD ??客æ?·ç?ä¸??¡å? 2023 å¹´ç?ä¸?å£åº¦å®??°æ?¶å? 14.53 亿ç???ï¼???æ¯?å¢?? 42.2%ï¼???è¶?å¸??ºé???ï¼?12.33 亿ç???ï¼???客æ?·ç?ä¸??¡æ???åºþ>???ä¹???è¾?大ç??????ï¼?主è?????ä¸ Ryzenï¼???é¾?ï¼?7000 ç³»å???°å??ºå??ç¬?è®°æ???µè??å¤????¨é??æ±?强å?²æ?¨å?¨ã??? PC 产ä??¾å?å??»å????ï¼?产ä??¾å?????å¿????è´§ç????å¥?ï¼?AMD ?? PC ä¸??¡ä?大å?好转??
2.3 游æ??ä¸???/strong>
AMD ??游æ??ä¸??¡å? 2023 å¹´ç?ä¸?å£åº¦å®??°æ?¶å? 15.06 亿ç???ï¼???æ¯?ä¸?æ»? 7.7%ï¼??¥ä?äº?å¸??ºé???ï¼?15.32 亿ç???ï¼????½ç?¶æ???游æ???¾å?¡ä??¡ç???????????ï¼?ä½?è¿?????次å?ºç?°ä?æ»???æµ·è???认为æ¤å??游æ???¾å?¡å????主è????äº?è¡¥å?å?????æ±?ï¼???ä¸?游ç?²è½¯????æ±?å½±å??äº???è´§ç????ç»??§ã??
2.4 åµ??¥å?ä¸???/strong>
AMD ??åµ??¥å?ä¸??¡å? 2023 å¹´ç?ä¸?å£åº¦å®??°æ?¶å? 12.43 亿ç???ï¼???æ¯?ä¸?æ»? 4.6%ï¼??¥ä?äº?å¸??ºé???ï¼?13.09 亿ç???ï¼??????¸ç??åµ??¥å?ä¸??¡ä»¥æ¤å???¶è´?? Xilinx 为主ï¼????åºþ?¸»è¦???????ä¿¡å??ºä?æ»???å½±å????
???¸é??è¿??¨å?ºé?款é??? HBM ??å??? AMD ????åº? SoCï¼?为æ?°æ??¸å¿???ç½?ç»???æµ?è¯?????©º??¤©åº??¨æ??ä¾???è¶????§è?½å??????ï¼?????继ç»???? AMD ?¨ç?¸å?³é??????°ä???
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