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AMD loses nearly $200 million for Q3 2015

AMD loses nearly $200 million for Q3 2015
AMD loses nearly $200 million for Q3 2015
AMD experiencing a decline in sales by almost 26 percent compared to the same quarter last year.

AMD continues its downward spiral as the fabless manufacturer bleeds more money into the third quarter of 2015. Compared to Q3 2014 where the company announced a profit of $17 million, Q3 2015 saw a net loss of $197 million instead. The operating loss is estimated to be $158 million compared to an operating profit of $64 million a year earlier.

Revenues have shrunken significantly from $1.43 billion in Q3 2014 compared to $1.06 billion in Q3 2015. Though this is an improvement compared to Q2 2015, AMD is still finding itself deep in the red.

We can see how major sectors performed this past quarter by breaking down the total revenue. PC and GPU sales declined from 781 million in Q3 2014 to $424 million in Q3 2015. Meanwhile, operating losses have increased dramatically from $17 million to $181 million during the same time frame. The Enterprise sector consisting of embedded and semi-custom SoCs saw $637 million in net sales and an operating profit of $84 million.

AMD also announced a joint venture with Chinese company Nantong Fujitsu Microelectronics (NFME) alongside its financial results. NFME will take over 85 percent of the testing and manufacturing facilities in Malaysia (Penang) and China (Suzhou) for a total of $371 million.

The manufacturer's most recent innovation is the R9 Nano designed to fit in HTPCs with greater power than the Radeon R9 Fury.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2015 10 > AMD loses nearly $200 million for Q3 2015
Ronald Tiefenthäler/ Allen Ngo, 2015-10-17 (Update: 2015-10-17)
Allen Ngo
Allen Ngo - US Editor in Chief
After graduating with a B.S. in environmental hydrodynamics from the University of California, I studied reactor physics to become licensed by the U.S. NRC to operate nuclear reactors. There's a striking level of appreciation you gain for everyday consumer electronics after working with modern nuclear reactivity systems astonishingly powered by computers from the 80s. When I'm not managing day-to-day activities and US review articles on Notebookcheck, you can catch me following the eSports scene and the latest gaming news.