AMD: Su Bae witness me

Alright nerds, I’m once again drunk, watching margin call for the 12th time, and I’m horrifically depressed, lets do this. This is more of a condensed snapshot to show continued growth and support my reasons as to I’m so bullish on Su Bae

AMD’s Q1 proved to be their best Q1 ever despite shortages and COVID fallout. Q1 broke records with a 93% YoY and a 6% q/q growth, bring in a cool $3.5 Billion in revenue all while maintaining a flat gross margin of 46% YoY and up 1% q/q(if you’re retarded, this is great news).

Some other quick glance numbers

- OCF - $898 Million
- FCF - $832 Million (Record)
- Cash, cash equivalents, and short term investments- $3.12 Billion

Now we’re going to look at a lot of numbers (if you’re brain lacks wrinkles please skip to the end)

Below we’ll see the growth of revenue for each quarter

2021Q1 2020Q4 2020Q3 2020Q2 2020Q1 2019Q4 2019Q3 2019Q2 2019Q1 $3.445B $3.225B $2.8B $1.932B $1.786B $2.127B $1.8B $1.531B $1.272B

So what ca we take away from these quarterly comparisons?

- AMD broke revenue records 6 quarters back to back (fuck meek mill)
- I’m too lazy to put all the numbers here, AMD was up on everything q/q except gross margin which remained flat and they reduced debt, GROWTH EVERYWHERE 
- AMD hit a rough patch in 2013 - 2015, where its slow but steady growth started. With the release of Ryzen, AMD began climbing from the depths in 2016 and started it’s steroid cycle in 2019.
- Historically Q3 has been AMD’s best quarter by far, the fact that AMD crushed it in Q420 w/ $2.2 billion in q/q growth and then beat out Q420 by another 2 billion in 2021. 
- AMD has achieved these numbers DESPITE fucc boi COVID-19 and significant shortages/ manufacturing challenges.

The Balance Sheet Quick Glance

- $3.116 Billion in cash/ cash equivalent, up $826 Million q/q and up $1.731 Billion YoY (LOL GAWT DAMN THAS SUM GROWTH)
- Debt $313 Million, down $17 Million q/q and down $175 Million YoY
- Inventories $1.653 Billion, up $254 Million q/q and up $597 Million YoY
- Accounts receivable $2.178 Billion, up $112 Million q/q and up $487 Million YoY

AMD has a very strong balance sheet and continues to grow as a company, further proof that AMD is well on its way to the moon.

Financial Outlook Quick Glance

- 2021Q2 expected earnings $3.6 Billion, historically they beat their estimates by a small bit
- 2021 expected earnings is 50% YoY Growth ($14.65 Billion) 
- Gross margin for YoY is not expected to change
- Operating expenses are expexted 27% for the year

Q1 and Beyond Thoughts

AMD has been doing tremendous and has done nothing but grow as a company since Lisa Su took over in 2014. AMD’s last 1.5 years are a sign of what’s to come, I believe they will be on this incredible run for the rest of year and possibly into next before they start to slow down. I also believe that the next few months will see massive jump in share price with a continued less volatile climb throughout the rest of the year.

For lazy people

Lisa Sue said I could have a sleep over with the bois and she’s making tendies.

Fixed it mods

$100 15OctC $99 06AugC