Struggling Tesla Faces an Investor Insurrection
Amid a pile of crises and slow Model 3 production, one investor is calling for a shakeup of Tesla’s board of directors—and for more oversight over CEO Elon Musk.
In the 50th episode of the Full Nerd, Gordon Mah Ung, Brad Chacos, Alaina Yee, and Adam Patrick Murray talk about big changes at Intel and spend a long time answering questions from viewers—because we wouldn’t have made it this far without your support.
First, the bad news: Intel’s delayed 10nm CPUs got delayed even further, into 2019. We’re going to get another series of chips based on a refined 14nm process as a result, code-named Whiskey Lake. What does it all mean? The gang digs in.
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Revenues in AMD’s computing and graphics segment nearly doubled compared to a year ago, paving the way for even more growth as AMD’s mobile Ryzen chips begin taking the field.
AMD, which has struggled to achieve profits for most of the last decade or so, reported a $114 million increase in net income to $81 million during the first calendar quarter of 2018. The company also posted a sizeable 40 percent increase in revenue to $1.65 billion. AMD even confidently predicted revenues for the next quarter would be about $1.725 billion, which would represent an increase of another 50 percent.
AMD’s numbers represent the success of both the company’s Ryzen and Vega-based GPUs, while the outlook reflects expectations for the recently announced Ryzen 2 CPUs and notebook chips. Processor sales were “significantly better than seasonality,” chief executive Lisa Su told analysts in a Wednesday afternoon conference call.