Devindar Kumar, AMD’s CFO, recently said this at the Deutsche Bank Technology Conference this past week. How would you interpret this information?....

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“As you know, overall TAM with the products that we have and we'll introduce is about $75 billion. We have revenue of about $6 billion right now, projecting to be about slightly over $6 billion this year.”

My take is:

They’re going to end the year with just over $6B in revenue this year, and that they have a revenue pipeline of $6B, which they expect to earn this year, and will grow slightly by year-end. (Bearish view)

Others believe this:

He meant they’ve earned $6B YTD versus original projections of slightly over $6B for the year. (Bullish view)

AMD officially had revenues of $1.65B in Q1, $1.76B in Q2, and estimated Q3 would be $1.7B. That would mean Q4 would only be about $1.1-1.2B. If you look at the low end of analysts estimates, it’d miss those by a lot.

If you take the bullish case, then they’re going to have revenue of almost $2.6B this quarter which would be their highest sales ever or at least in the past 15-20 years.

What’s your take on it? Btw - I emailed investor relations for clarification so I’ll respond if I hear back.

*Devinder (typo above)

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