AMD's shares got hammered 9.68 percent in after-hours trading after the release of the company's third-quarter earnings report. While AMD beat expectations in terms of both revenue and earnings per share, it seems investors either decided to cash in or that AMD's guidance spooked investors.
Lets take a look at the earnings call to see if there's anything interesting to learn. The first interesting snippet is the confirmation from AMD CEO Lisa Su that Ryzen APUs started shipping last quarter. Some leaks popped up here and there the last couple of weeks and we learn that Acer, HP and Lenovo plan to launch systems in the coming weeks:
Also, in the quarter, we qualified and began early shipments of our Ryzen mobile processors combining our Zen CPU cores and Vega GPU cores in a high-performance APU designed to power ultra-thin and two-in-one notebooks. Acer, HP, and Lenovo plan to launch their initial Ryzen mobile-based systems in the coming weeks and we expect an expanded assortment of premium notebooks to launch in Q1 2018.
The Ryzen mobile APUs feature Zen-based CPU cores and integrated graphics based on Vega. A lot of juicy stuff about these CPUs will probably leak soon.