Intel Handily Beats Analyst Expectations as Chips Continue to Shine

[DooKey]

The juggernaut named Intel continues to reap the benefits of a diverse product portfolio and beat analyst expectations for the third quarter. Intel reported net income of $4.52B and that's up 34 percent from last year. It just goes to show that Intel dances to the beat of their own drum and competition isn't harming their business at all. You can check out the earnings release here.

"We executed well in the third quarter with strong results across the business, and we’re on track to a record year," said Brian Krzanich, Intel chief executive, in a statement. "I’m excited about our progress and our future. Intel’s product line-up is the strongest it has ever been with more innovation on the way for artificial intelligence, autonomous driving and more."

 

[Dan_D]

Well, it helps that Intel took the shotgun approach to it's product stack this year.

 

[Nicepants42]

Well, it helps that Intel took the shotgun approach to it's product stack this year.

You mean like AMD gets in the driver's seat and Intel yells X299 'shotgun!' ??

 

[rflcptr]

INTC doing well.

 

[Dan_D]

You mean like AMD gets in the driver's seat and Intel yells X299 'shotgun!' ??

I'm talking about the fact that Intel decided to just throw a fuck ton of products out early and see what sticks in the market. There is a ton of margin on some of these products, so Intel could afford to throw things out and not have all of them succeed. We had Z270, X299, Z370, Skylake-X, Kaby Lake-X, Coffee Lake, and a slew of processor SKU's. That's not counting chipset variants, mobile parts or anything in the server market.

Intel had a knee jerk reaction to Ryzen 7 and Threadripper. Kaby Lake-X is a useless CPU, but they threw it out there to see if anyone wanted a quad core that could overclock into the stratosphere. If Intel were doing things as they have for the last 6 years or so, we'd be months or more away from a Kaby Lake-E release. Instead, Intel adapted it's latest architecture simply by changing the package instead of reworking it into a real, viable HEDT product. We got Coffee Lake 6 cores for the mainstream now. Intel had allot of these products in the pipeline, but threw many of them out ahead of schedule because of Ryzen 7 and Threadripper's release.

 

[serpretetsky]

INTC doing well.

yup, AMD, despite good quarterly report, not so much.

 

[Nicepants42]

Sorry, Dan. I thought you'd get a chuckle out of that one.

INTC doing well.

That's the annoying thing - AMD has biggest technical success in a decade, reports decent earnings, yet the stock tanks. INTC up 10% yesterday after serving up more flavors of the same shit in a reflexive, back-pedalling, o-shit-I-guess-we-should-get-off-our-laurels fashion.

Fuck. I think I just convinced myself to get some skin in this game.

 

[Emission]

Well, it helps that Intel took the shotgun approach to it's product stack this year.

Better than sleeping, I guess.

 

[DPI]

Intel had allot of these products in the pipeline, but threw many of them out ahead of schedule because of Ryzen 7 and Threadripper's release.

Yep. Thank you AMD. We don't even have to buy Ryzen to benefit from it.

 

[Dan_D]

Sorry, Dan. I thought you'd get a chuckle out of that one.

I did.

That's the annoying thing - AMD has biggest technical success in a decade, reports decent earnings, yet the stock tanks. INTC up 10% yesterday after serving up more flavors of the same shit in a reflexive, back-pedalling, o-shit-I-guess-we-should-get-off-our-laurels fashion.

Exactly.

Fuck. I think I just convinced myself to get some skin in this game.

I get it. I've thought about buying Threadripper just to flip Intel the bird for being so damn lazy the last few years. I don't know that I will, but I've thought about it.

 

[MV75]

I get it. I've thought about buying Threadripper just to flip Intel the bird for being so damn lazy the last few years. I don't know that I will, but I've thought about it.

What? If anything it's amd being lazy for the last 11 years with a little hurrah 7 years ago. So in the end, what competition?

 

[Nicepants42]

I've thought about buying Threadripper just to flip Intel the bird for being so damn lazy the last few years. I don't know that I will, but I've thought about it.

I'm thinking of Ryzen also, but in this case I'm also thinking if buying AMD at under $12.

 

[Hakaba]

I'm thinking of Ryzen also, but in this case I'm also thinking if buying AMD at under $12.

It closed under 12 today, buy now it will go to the moon!!!!!! /s

 

[Tyns]

Intel had a knee jerk reaction to Ryzen 7 and Threadripper.

Intel reported net income of $4.52B and that's up 34 percent from last year.

Intel needs more knee jerk reactions!

Sorry, Dan. I thought you'd get a chuckle out of that one.


That's the annoying thing - AMD has biggest technical success in a decade, reports decent earnings, yet the stock tanks. INTC up 10% yesterday after serving up more flavors of the same shit in a reflexive, back-pedalling, o-shit-I-guess-we-should-get-off-our-laurels fashion.

Fuck. I think I just convinced myself to get some skin in this game.

AMD earnings were not good and they did not forecast EPS (warning signal imo). Annualizing last earnings of $0.1 to $0.4 and using a PE multiple of 20 puts the target share price at $8 (but revenue are expected to be down almost 20% this quarter, so that annualized EPS may be generous). Business is about more than having a good or even superior product.

 

[Deleted whining member 223597]

Sorry, Dan. I thought you'd get a chuckle out of that one.


That's the annoying thing - AMD has biggest technical success in a decade, reports decent earnings, yet the stock tanks. INTC up 10% yesterday after serving up more flavors of the same shit in a reflexive, back-pedalling, o-shit-I-guess-we-should-get-off-our-laurels fashion.

Fuck. I think I just convinced myself to get some skin in this game.

AMD also said their margins are going to be flat/worse next quarter, that's why everyone sold.

 

[Kdawg]

4.5 billion vs 100 million

AMD is so miniscule.

 

[grtitan]

Im not sure who to blame, but using myself as an example, im still using my I5-3570k, because i cant find a good matx amd mobo.

Thats the thing with intel, you can buy whatever chipsets in whatever size for their cpus.

 

[Nicepants42]

I'm thinking of Ryzen also, but in this case I'm also thinking if buying AMD at under $12.

And today, AMD is $17.26.

Fuck me for never taking the plunge. Maybe it's not too late?

 

[doublejack]

And today, AMD is $17.26.

Fuck me for never taking the plunge. Maybe it's not too late?

Nvidia market cap - $151 billion
Intel market cap - $243 billion
AMD market cap - $15.7 billion

AMD could, very easily from a mathematical standpoint, pull off a 10x stock value increase. The catch is, how much market share they will capture? The more they gain, the higher the stock price is sure to go.