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Terrible news for AMD if the following gets confirmed:

AMD’s Zen & Athlon64 CPU Architect Jim Keller Joins Intel
https://wccftech.com/former-amd-zen-athlon64-cpu-architect-jim-keller-joins-intel/
AMD’s former superstar CPU architect and current head of AI hardware at Tesla is reportedly leaving the car maker to join Intel.

Keller was the mastermind behind the most successful and competitive CPU microarchitectures in AMD’s history. He played key roles in developing the K7 and K8 CPU cores. K7 was the original Athlon, the first CPU to hit 1GHz and the first CPU to really stick in Intel’s craw.

Keller spent a multi-year stint at Apple between his contributions to the K8 design and coming back to lead the engineering efforts on AMD’s latest CPU microarchitecture, Zen in 2012. At Apple he led the design team, to much success, to build the company’s class leading mobile processors. In 2015 he left AMD to join Tesla, where he’s been leading the company’s AI chip design teams to date.

 

If he managed to make Zen with AMD's budget, what can he accomplish with Intel's humongous resources? Oh, well, at least there are some good news for AMD: they made money!

 

AMD Reports First Quarter 2018 Financial Results, Revenue up 40%
http://www.guru3d.com/news-story/amd-reports-first-quarter-2018-financial-resultsrevenue-up-40.html
It's been a long time coming, but Ryzen and Epyc finally turnaround losses into profits, revenue has risen by 40% in turnover compared to 2017, and 23 percent up from Q4 2017. AMD has published its figures for the first quarter of 2018.

AMD was able to gain 1.65 billion dollars in revenue that leads towards $81 million profit, which is a very nice improvement compared to the $33 million loss the company had a year before. The biggest chunk of revenue was found at the Computing and Graphics segment. Turnover increased by 95 percent compared to the previous year to 1.12 billion dollars. The turnover of the Enterprise, Embedded and Semi-Custom segment fell by 12 percent to 532 million.

AMD indicates that the good figures are related to the good sales of the Ryzen, Radeon and Epyc products. The company expects to generate a turnover of $ 1.725 billion in the next quarter.

 

Oh! And apparently, they already have 7nm GPUs in their labs...