Intel Client and DC are still vast majority of their revenue. Using the example I gave, just these two are $17B in Q4 and $66B in FY2020, vs AMD $9.8B in FY2020.
They need to work on their DC sales. As I have been saying since 2018.
https://www.intc.com/news-events/press-releases/detail/1439/...
If you earn $100, and keep it or use it to pay down debt, net income is still $100.
It doesn't matter much if you add to a negative debit or a positive bank account. If AMD was investing into some non-formal asset (brand awareness, R&D, etc), the numbers would change, but that's not the GP's scenario.
It'll be expensive for AMD to close the software gap between both Intel and Nvidia.
There was even a period of about of month last year where nvidia didn’t support the new kernel.
https://linuxreviews.org/Linux_Kernel_5.5_Will_Not_Fix_The_F...
My Intel NUC8i5BEH would regularly have GPU lockups and it took them several months to fix the issues.
On home systems, Arch Linux provides a system to automate the module generation [0], however features like CUDA break sometimes. [1]
[0] https://wiki.archlinux.org/index.php/Dynamic_Kernel_Module_S...
[1] https://archlinux.org/news/nvidia-45528-is-incompatible-with...
I recently switched to integrated AMD graphics, and the only problem I had was occasional render artifacts. Yes, a bit scary, but in practice only an occasional cosmetic problem. I think those disappeared completely some time ago. This is on a stock kernel.
The only graphics-related problems I have these days are with Wine and some old games, where it looks like there's a difference between what Wine emulates and what it expects to get directly from the 3D driver, e.g. with regards to old 16 bit color modes that I suppose the AMD driver simply doesn't bother with.
What? I have a Thinkpad T14 AMD and even though it has only been on the market for a few months, it's Linux support is excellent. Everything, including the GPU, works perfectly fine.
And of course that would mean that I'm more likely to use Intel hardware in future as reasonably sure the Intel drivers don't work with AMD CPUs - so sadly no EPYC for me!
1. Intel single Q4 is double the revenue of AMD FY 2020.
2. On Consumer they have their Laptop APU launch along with decent GPU lineup against Nvidia. But this translate to 20% YoY. Compared to Intel 10%+ YoY. Remember AMD's baseline is a lot smaller. 10% growth from AMD and 10% from Intel is quite a bit different.
3. Enterprise, Embedded and Semi-Custom looks good on paper with YoY. But reality is that PS5 and Xbox contributed more. Which means Server Sales still isn't anywhere good enough. Intel has been defending their territory exceptionally well, as shown with their latest report with large decrease of ASP.
This isn't just some supply constrain. It is also AMD needs to do better forecasting. Although arguably AMD is conservative in nature due to not so long ago they were on the verge of bankruptcy.
What is exceptionally good though was their profitability. Even excluding the one off Tax benefits. Their Net Income in 2020 increased by 5X!
Edit: Just checked in 2019 they were paying down their debt, which was partly why their net income were low. So 2020 is a true reflection of their profitability. All of a sudden their stock price doesn't look so insanely high.