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AMD: GPU inventory levels in the channel have normalized

Posted on Thursday, April 26 2018 @ 10:44:40 CEST by

AMD logo
Another item from the AMD first-quarter earnings call. Asked about discrete graphics card inventory levels in the retail channel, AMD CEO Lisa Su reports they've normalized. The channel was very dry going into the first quarter of the year, but at the moment she deems the inventory as good. In terms of weeks, she rates it as four to five weeks of inventory.
Ambrish Srivastava - BMO Capital Markets (United States)
Okay. And then, for my follow-up, just getting back to the discrete graphics in the quarter reported, the channel was really dry heading into the first quarter. So where are we on the channel inventory? And is there any way for you to help us understand how much of the growth was driven by the buildup in the channel in the March quarter? Thank you.

Lisa T. Su - Advanced Micro Devices, Inc.
Yes. So the channel inventory was at very, very low levels going into the quarter, and frankly, it was hard to get the GPU. It was hard to get GPUs. I think if you look now on typical retailer and e-tailer sites, the channel inventory is good. And I think there was an element of channel replenishment, but from what we see at the inventory levels today, they're, I would say, normal.



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