AMD's latest quarterly report comes as revenue arrives at $1.76 billion trillion, an annual increase of 53%, and a net profit of 116 million dollars, and $0.11 trillion in EPS, writing down 7-year highs. It is worth noting, however, that AMD conservative view of the 3rd quarter Outlook, expected revenue of about 1.65 billion ~17.5 billion, slightly lower than the 2nd quarter, that is, the operation will be busy season, mainly due to the apparent cooling of mining demand, and the benefit of the deepest mining nvidia, also has been forecast May-July quarterly revenue from the last quarter is flat , market expectations, the current Nvidia despite efforts to clear the hands of inventory to partners, and after the end of August new products are listed, but by mining demand greatly reduce the impact, graphics market chaos, August-October Overall performance growth momentum fear will stagnate. For the video card supply chain to bring huge profits of the mining tide has receded, the future competition will return to the electricity market competition. The recent display of the graphics supply chain operating performance, by Nvidia and AMD performance can clearly see that the mining tide has indeed been a clear fever. Among them, AMD in the first quarter due to strong mining demand, pushed its graphics chip revenue increased by 95% to 1.12 billion U.S. dollars, led the overall camp harvest to 1.65 billion U.S. dollars, continued to benefit from mining orders in the 2nd quarter, revenue increased to 1.76 billion U.S. dollars, compared with the 2017 period of growth 53%, net profit of 116 million dollars 0.11 yuan, net profit write the next 7 years high, far better than the same period of 2017 losses of 42 million U.S. dollars, EPS losses of 0.04 U.S. dollars; Accumulated 2018 years on the half net profit of 197 million U.S. dollars, EPS amounted to 0.19 U.S. dollars. However, AMD Conservative view of the 3rd quarter Outlook, expected revenue only 1.65 billion ~17.5 billion, slightly lower than the 2nd quarter, that is, the operation will be busy season, is mainly due to the apparent cooling of mining demand. Market expectations, mining orders to push up the drawing chip margin ascension, as orders are greatly reduced, margin and profit will also be affected, coupled with the current AMD next-generation graphics chip on the stage, the second half of the overall profit performance should be difficult to soar. However, AMD due to the EPYC server processor, Ryzen series of processors are favored by several manufacturers, servers, desktop computers, notebook computer (NB) processor accounted for the promotion, as well as Apple (Apple) New imac Pro, 15-inch MacBook Pro also uses AMD graphics card, Next, there are new products introduced, including the use of 12 nm process, up to 32 core, 64 threads of the second generation of Ryzen Threadripper processor will be unveiled, and the generation of 7 nm process code-named ' Rome ' EPYC processor, also began to send samples, The performance of the year will continue to pay a doubling of profits, but to restore profit growth momentum, whether the next generation of GPU chip will be the key to launch as soon as possible. and Taiwan factory highly rely on graphics products manufacturers, although April, the June performance decline, but the first half of the performance in the same period of new highs, such as the main AMD platform to shake the news, the 2017 EPs washed up 8.36 yuan, the first quarter of 2018 surged to 10.19 Yuan, and the 2nd quarter began to fall markedly EPS plunged to 0.38 yuan, despite the first quarter profit, it has earned a profit for the whole year of 2017. The other is the graphics card accounted for the proportion of revenue of 50% gigabyte, in the first quarter of 2018, the net profit was as high as $1.614 billion, the quarter was 91%, the annual rate was 5 times times higher, the record high, EPS amounted to 2.54 yuan, the profit was over 2017 years, however, the 2nd quarter revenue amounted to only 14.173 billion yuan, The 20.176 billion yuan plunged by 30% in the first quarter and the annual rate was only 1.5%. Looking forward to the second half, AMD-oriented and both sides of the betting on the gigabyte operating performance will gradually return to the mining tide before the arrival of Gigabyte, which is due to host board revenue, shipping significantly reduced, and the server profit contribution is limited, 2019 challenges. Graphics manufacturers said that from the upstream and downstream supply chain performance can be apparent mining profiteering boom no longer, the 2nd quarter saw a sharp drop in demand, while Nvidia, which controls the bulk of the mining graphics, had already forecast that quarterly revenue for May-July was only about the same as last quarter, and why it remained flat, to go all the way to chip inventory, However, in order to boost the second half profit and momentum performance, Nvidia finally had to end a new generation of Gefore GTX 1180, such as drawing chips, prices more than the first generation of prices to facilitate the inventory, but at present most of the electric competition players think that the price is not back to a reasonable price, still tend to wait This market situation will be disrupted Nvidia and graphics card manufacturers 9-12 months layout, if Gefore GTX 1180/1170/1160 buy gas insipid, and the factory is not willing to greatly reduce GTX 1080 and other old product prices to go to inventory, graphics card market situation is not more than expected. Graphics card manufacturers believe that, although the mining demand is greatly reduced, but Nvidia because of the master of large electricity competition map, with shipping and pricing, as long as the full effort to vies AMD accounted for and maintain ASP and gross profits, the next profit performance should not be too bad. According to the 2018 2 ~ April earnings reported by NVIDIA, the quarterly revenue amounted to $3.21 billion trillion, an annual increase of 66%, and a 10% increase in the quarter, which has outperformed the financial survey and market expectations for 11 consecutive months. However, it is noteworthy that Nvidia previously noted that the February-April game chip business revenue of about 1.723 billion U.S. dollars, auto chip business revenue of about 145 million U.S. dollars, professional-grade visual products for 251 million U.S. dollars, OEM and IP revenue of about 387 million U.S. dollars, OEM sales include 289 million U.S. dollars in mining related revenue. Overall, the GPU revenue grew 77%, the quarter increased 11% to 2.765 billion U.S. dollars, Tegra chip business revenue of 442 million U.S. dollars, further observation, Nvidia's use of the video card to dig mines is far more than Nvidia has said. Nvidia in 2017 2 ~ April revenue of about 1.94 billion U.S. dollars, game chip business revenue of about 1.027 billion U.S. dollars, was still the main market for electricity competition, the main kinetic energy from the large possession of AMD map, led to revenue growth, that is, the competition game market single quarter contribution of 1 billion U.S. dollars up and down revenue,
