Advanced Micro Devices, Inc. (AMD) Earnings Call Transcript & Summary

Good morning. How are you guys doing? It's so exciting to be here in San Francisco with so many press, analysts and friends and partners in the audience, and welcome to everyone who's joining us online around the world. Today is an exciting day. We have an exciting -- and we have a whole bunch of news to share with you today. So let's go ahead and get started. Now you guys know us well. At AMD, we're all about pushing the envelope in high-performance and adaptive computing to create solutions to the world's most important challenges. Whether you're talking about the cloud or enterprise or 5G or networking, AI, automotive, PCs and much, much more. AMD technology is truly everywhere, touching the lives of billions of people every day. Now this is an incredible time for AMD. We have some innovation going on. We're actually in the middle of introducing 4 new architectures and dozens of new products as we deliver an incredible pace of products and innovation. We started in September with our Ryzen 7000 desktop processors, which were our first CPUs, powered by the Zen 4 core. And then just last week, some of you were actually in the audience, we launched the new RDNA 3 gaming GPU architecture with our Radeon RX 7900 series. And we also have our Zen 4c core, which is optimized for cloud-native computing and our next-gen AMD XDNA architecture that Victor and his team are developing, and they're both looking great and on track to launch in 2023. But today, we're here to talk about our 5-nanometer Genoa server processors. And I've got to tell you, I'm incredibly excited with what we're going to show you. Now we've said the data center represents our largest growth opportunity and the #1 strategic priority for our company. And when you think about the modern data center, customers need the highest performance compute engines actually across the board. So in addition to our leadership EPYC processors, we also offer a very full portfolio, including our instinct GPU accelerators built for HPC and AI. Our leadership FPGAs in adaptive SoCs through our acquisition of Xilinx and our leadership DPUs from our acquisition of Pensando. So if you look at all of this, this is really the broadest data center portfolio in the industry. But as I said earlier today is all about EPYC. So we're laser-focused on building the world's best data center CPUs. We launched our first generation EPYC in 2017, featuring our original Zen core. And over the last 5 years, we've consistently delivered 3 generations of EPYC. Today, third Zen EPYC performance and most efficient server CPU in the world. We are extremely proud of that. And when you look in the cloud, EPYC has actually become the industry standard based on our performance, our compute density and our total cost of ownership. Every major cloud provider has deployed EPYC in their internal workloads, and in their external customer-facing workloads. And if you look today, there are nearly 600 public EPYC instances available across everywhere. Now if you look at high-performance computing, we're also incredibly proud of the important scientific research that's conducted every day with EPYC. Today, 5 of the top 10 most powerful supercomputers and 8 of the top 10 most efficient supercomputers are using EPYC, including Frontier, which is the world's first exascale supercomputer and it's both the fastest and the most efficient in the world. Now in the enterprise, we also see very strong adoption of EPYC. This year, we increased our on-prem enterprise deployments by more than 50%, and we're significantly growing the number of EPYC-based solutions available across ecosystem, and we're on track to double the number of solutions in 2023. Now when CIOs are looking to modernize their data center, they are actually considering a number of different factors. First and foremost, compute is actually used to transform and drive the core business of the organization. All of us are doing the same. But when you're selecting compute, you actually want to make the right selection and it makes a big, big difference in terms of the OpEx and the CapEx budgets and what you can accomplish within a certain envelope. And of course, we're also thinking about sustainability and security as key things to consider. This is why choosing the right data center CPU is more important than ever. And we thought about all of these factors when we developed fourth gen EPYC and the key areas that we are focused on were to make the world's best server CPU road map even better. So I'm very proud to say that fourth gen EPYC delivers leadership on every single dimension. It's the highest performance. It's the most efficient, and we are delivering significantly better performance for [indiscernible] our competition. And what that means for enterprises and for cloud data centers, it translates into lower CapEx, lower OpEx and lower total cost of ownership, including all of the performance talked about. Now let me tell you just a little bit more about fourth gen EPYC. So we're using our leadership 5-nanometer technology, and we have up to 96 5-nanometer Zen 4 cores. And we're also using our next-generation chiplet technology. So we're using a combination of 5-nanometer and 6-nanometer technology. We've also added the latest IO, so that includes PCI gen 5, 12 channels of DDR5 memory. We support CXL memory expansion, and we've also doubled the number of confidential VMs. So Drew, please. I am extremely excited to show you today for the first time, fourth gen EPYC. I love it, too. There's incredible technology here. And what you can see is you can see 12 compute die. So these are the small dies in 5-nanometer technology. That's where we put all the computing, all the CPUs and all the cores. And then you see the I/O die in the center, which is built in 6-nanometer technology. And what you have on this package is a total of 90 billion transistors. So that's a lot of transistors. Now let's look at what we can do with all of that performance. Starting first with the cloud. So when you think about cloud applications, integer performance is key. And so looking at SPECrate, which is a benchmark, looking at it, we would say today, dual-socket third gen EPYC is 40% faster than the top of the stack of the competition. But with fourth gen EPYC, we actually extend that lead, and we now deliver nearly 3x better performance than the competition. What that means is the core density advantage of fourth gen EPYC allow our cloud service providers to support more than double the number of instances per server. And what that means for our customers and customers is that each of them get to experience these instances with much higher performance. So we're very proud of the deep partnerships across all of the cloud service providers. Let's hear next from one of our closest partners, Microsoft, to tell you more about our partnership with Microsoft Azure. With that, Scott Guthrie, Executive Vice President of Cloud and AI.

Thank you, Lisa. AMD and Microsoft share a commitment to helping customers accelerate their digital transformation and no area better exemplifies the impact of our partnership with high-performance computing, a critical capability in every industry, start-ups like Meteomatics are leveraging HB Series virtual machines, powered by EPYC processors with 3D V-Cache for mission-critical simulations to help their customers manage risk from extreme weather. The Microsoft's own silicon design teams, leverage these VMs to get an 80% speed up for their EDA back-end workloads compared to their prior solution. This enables us to bring the next generation of hardware technology on a more sustainable basis. And these times of historic change and uncertainty, we recognize the cloud plays a key role in helping our customers do more with less and overcome the dynamic challenges they face. So today, we're announcing 2 new HPC virtual machines that will be powered by fourth generation EPYC processors. Each delivers our highest levels of performance, power efficiency and cost effectiveness. First, we're introducing the all-new HX Series, featuring 1.5 terabytes of ultra-low latency memory, these VMs are purpose-built to help silicon design customers save money on EDA operations and deliver products to market faster. We're also introducing fourth gen Azure HB Series virtual machines that deliver up to 2.5x the performance of third-generation HB series and up to 6x the performance of HPC servers that customers run in their on-premises environments, both HX and fourth gen HB Series feature 400 gigabit InfiniBand, our next-generation networking to bring supercomputing scale to every Azure customer. Customers and partners can sign up today to access HX and fourth-generation HB Series VMs in preview with Genoa processors. It will automatically be upgraded to Genoa X when they go into general availability in the first half of 2023. This is just the start as we look forward to launching additional Azure VMs, including confidential computing capabilities, on both virtual machines and containers on fourth generation EPYC processors in the future. Congratulations to the AMD team, and thank you for your partnership and support of the Microsoft Cloud.

Thank you, Scott. We're so excited to see the new HX and HB Series VMs powered by fourth gen EPYC in public preview today. And we're really looking forward to the next-gen Azure confidential computing VMs and containers coming soon. Now for cloud data centers, efficiency has become equally important as pure performance. And this is an area where our EPYC architecture really shines. So if you look at SPEC Energy base, which measures the power efficiency of integer performance. Systems with a higher score deliver more performance per watt. And you can see our fourth gen EPYC delivers 2.6x the energy efficiency of the competition. And what this means is that choosing AMD EPYC CPUs in the cloud translates into lower energy usage and lower energy costs and a number of our cloud providers are actually telling us that power is becoming a significant limiter in what they can install in their data centers. And so we believe that this is really differentiating for us. Now enterprises around the world are going through massive business transformation, and that's also leading to tremendous growth in the cloud. Oracle is a leader in this area and with their leading database services optimized for enterprises and running on Oracle Cloud infrastructure, we're extremely excited about the partnership with Oracle. And today, we're very honored to have Clay Magouyrk, Executive Vice President at OCI join us. Clay? It is so great to have you here with us Clay, and thank you so much for the partnership between AMD and Oracle. It's been -- you've been supporting us from the very beginning. So tell us a little bit about our partnership.

Well, first, thanks for inviting me. It's always good to be here and see you all the happy people. We've had a long road together. I remember -- it feels like it was just yesterday when we were talking. But when we launched Naples, and I realize now I'm 5 years or 6 years older -- I'll just go with 5. But the pace of innovation that I think you and the team have been able to achieve is really incredible, right? From Naples and Rome, Milan now through the Genoa, this many platforms in a short period of time has been incredible. And customers really get the benefit, right? And what's also really nice about working with Oracle is that obviously, as someone who works in the cloud, we have a big cloud business, and that's growing. But we're also always very focused on how do we have the highest performing systems. So with things like our Exadata that we run like our autonomous database on the most recent version of our Exadata systems also run on EPYC processors because it offers the best and highest performance databases out there. And so what we've been doing at Oracle and we see our customers doing is choosing the right processor for the job and many times, that's EPYC, and the results speak for themselves.

Well, we are so honored to be in your data center, and it's wonderful to see all the momentum that we've built together. Now today is about fourth gen and Genoa. So tell us a little bit about what you're doing with Genoa.

Well, there's a lot going on, right? So I think there's the standard stuff. So -- we're launching our general purpose Genoa based compute, which offers a great price performance across the board. We also have a very high-performance computing optimized system that we're also launching that offers RDMA networking capability and bare metal offering for the highest peak performance available, and we're launching that on the Genoa platform as well. But there's more than that, right? I'm very excited personally about the work that we're doing with yourselves and Samsung across CXL. And I think there's a lot that Genoa is obviously an important CPU, what it brings with it, is things like DDR5, it brings with it CXL, which I think is going to be very impactful in the data center, especially as a cloud provider, we can make use of that really cool technology to, I think, get better performance and lower cost. And then also the same thing around confidential computing. The secure extensions that you and your team have implemented are critical for us to be able to offer best-in-class confidential computing options, and that's what we're doing with Genoa as well. And last but not least, as you mentioned, power is extremely critical, right? Energy rates are going up, everyone is concerned about the impact that we have on the environment. At OCI, we have more than 10 regions globally that are already 100% renewable energy, and we have commitment to make all of our regions 100% renewable energy. But what I love about the work that you've been doing with the team on Genoa is performance is better, power usage is down. It's amazing how you get both of these things together. I think as primarily a software person, I'm always thankful for the amazing advancements of the hardware industry that we can then waste on more languages.

Well, you've made my engineers very happy hearing that. So now, Clay, we're all about technology, but I know that Oracle and AMD are also all about customers. So can you tell us a little bit about how customers are seeing the technology?

Yes. Well, if I go back to where we were 5 or 6 years ago, a lot of the conversations I was having with customers was kind of around why AMD and when would I choose AMD. And I think that conversation has really shifted to where now the conversation starts with why not AMD. And as a prime example of that is the work that we've been doing with Red Bull Powertrains around the design of their new F1 engine. So they're building their own power plant for the new set of regulations that comes out in a few years. They're doing that work on top of OCI, and they're doing that work on top of OCI using Genoa's new high-performance computing option. And we're seeing that across the board, right, whether it's peak performance workloads, general-purpose workloads, people are choosing AMD in general, and everyone has been very, very excited about Genoa specifically.

Fantastic. Well, thank you so much, Clay. We so appreciate the partnership, and we're looking forward to doing great things together in the future as well.

Yes. Thanks for having me. I really appreciate it.

Thank you. So now let me a little bit about high-performance computing. High-performance computing is very, very important for complex modeling and scientific research. And here, floating point performance is really critical. So when you look at third gen EPYC, we're already the world's fastest CPU in supercomputing. And when you go to fourth gen EPYC, that sends our leadership to deliver 2.5x more performance than the competition. And what this means is that scientists can build more accurate models that can help solve the world's biggest scientific challenges, whether you're talking about climate change or renewable energy development or any type of medical research, all of that is helped by more computing capability. And if you look at the enterprise, there are also a diverse set of workloads there, whether you're talking about databases or big data analytics or virtualization or hyperconverged infrastructure. And Java is one of the most prevalent environments in the enterprise. So if you take a look at Java performance running the typical e-commerce environment, again, third gen EPYC already delivers 50% more performance than the competition. And we see an even larger performance lead with fourth gen EPYC going to 2.9x more performance than the competition. And what this allows is enterprises to process data faster, to speed up analytics, to speed up decision-making as well as transaction processing. And so when you see all of that, there's so much advantage on the performance side. But as I said, just like our cloud partners, our enterprise partners are also looking for energy efficiency, and that's become much, much more important. So let me take you through an example of the energy efficiency discussion. A typical enterprise may have 15 Xeon servers in Iraq. And last year, the average energy cost was $0.08 per kilowatt hour. So to power that in Iraq, it might have cost $8,400. Now if you use third gen EPYC, you could do that same work in 10 servers. So that's less CapEx, but dramatically less power consumption as well. And so the energy cost in that case would have been 32% lower than our competition. But we all know that energy prices around the world have gone up. And in certain parts of the world, energy costs have increased more than 5x in the last year. And so those same 15 servers now cost maybe $50,000 a year to power. But with fourth gen EPYC, an enterprise can achieve that same performance in only 5 servers. That's dramatically less CapEx but that's dramatically less OpEx as well. And that leads to a 54% savings in energy costs. And if you scale this example to an enterprise running thousands of servers, you're now seeing that you can save millions of dollars by upgrading the fourth gen EPYC. So another partner who has been with EPYC since the very beginning is HP Enterprise. So to tell you a little bit more about how fourth gen EPYC fits into the HPE portfolio. Let's welcome HPE, President and CEO; Antonio Neri.

Hello, Lisa. I am pleased to be able to participate in this important industry milestone. The AMD team together with advanced data centers could not be more fitted as HPE and AMD have been strong partners, innovating together for more than 18 years. Just this year, HPE and AMD usher in the exascale era with the Oak Ridge National Laboratory [indiscernible] Frontier, the world's first supercomputer to break the exascale performance barrier, while also being the greenest supercomputer on the planet. I want to thank Lisa and the AMD team for a tremendous partnership. We are large today, I'm excited to share that HPE is adding 6 new platforms featuring Genoa. As a market leader in hybrid cloud, we are committed to delivering greater choices and simplicity through the HPE GreenLake Cloud platform, which supports most of the HPE's innovation using the fourth generation AMD EPYC processor. Customers can easily adopt cloud services with advanced performance while gaining critical capabilities in governance, security and visibility. Our new products include new HPE ProLiant servers that offer enterprise customers a secure and simplified cloud management experience with workload optimized performance to target a range of applications across edge, AI, analytics and cloud native. We're also supporting the fourth generation AMD EPYC processor in our recently expanded supercomputing and AI portfolio to help broader adoption. Our new HPE Cray EX and XC supercomputers deliver some of the same technologies found in the Frontier supercomputer, but in a smaller footprint to advance product design and accelerate innovation for organizations of all sizes. Congratulations, Lisa and AMD and HPE teams who are making this possible. Together, we can wait to help our customers accelerate what is next.

So I want to thank Antonio for that great partnership with EPYC, and we are extremely excited with the broad deployment of fourth gen EPYC across HPE's entire portfolio, including 6 new ProLiant, GreenLake and Cray EX and XC platforms. So as you can tell, we're incredibly excited about EPYC and all of the work that we've been doing together with our partners. Now let me turn it over to Mark Papermaster to tell you a little bit more about the technology and the architecture. Mark?

Thank you. It's such a proud day for us at AMD to share with you the technology that the team has come together to deliver for our customers. When we launched the design of our Zen CPU processor, we set a goal to return AMD to high performance and sustain high-performance CPU delivery. And today, I'm really excited to share with you how the Zen 4 CPU architecture is delivering fourth gen EPYC servers. AMD really disrupted the industry when we debuted Zen in 2017. It was really an entirely new CPU architecture for us, and it delivered such a significant IPC, performance and energy gains -- energy efficiency gains. And then with 7-nanometer, Zen 2 brought an incredible compute efficiency. And with its grounds-up new micro architecture, Zen 3 delivered impressive high-performance leadership. We didn't slow down with the Zen 4 CPU and 5-nanometer and our I/O die in 6-nanometer, And I'll share with you some of the details shortly. But we also added Zen 4c, a new variant, it's compact in density. And this addition to our cores road map delivers the identical functionality of Zen 4 at half of the core area. And this will be coming out in the first half of our 2023 with our server lineup. This core is workload optimized for applications that don't need to run at the highest frequency and can deliver even more computational efficiency. Also in 2023, there'll be a version of Zen 4 with a vertically stacked V-Cache from memory hungry applications. It's full speed ahead for AMD on our CPU innovations. So a bit on Zen 4. Like its predecessors, Zen 4 continues the AMD tradition of delivering each new CPU generation with performance and efficiency gains. AMD is a trusted supplier to our customers. And thanks to our on-schedule high-performance delivery, we deliver again with Zen 4. So let me walk you through the design and the technology node improvements that we made in the Zen 4 release. There are several architectural and technology improvements compared to Zen 3. We added a new front-end design to better feed our execution pipeline. We also improved our branch prediction to further streamline the instruction pipeline flow. We improved our cash hierarchy with a fast private 1 megabyte L2, doubling its size from previous generation and a large shared L3 Cache for overall higher performance. And also, AMD has a long support of the advanced vector extensions in x86 for machine learning and high computation workloads. With Zen 4, we expanded our instruction support to include AVX-512. Our implementation uses a double pumped approach on a 256-bit data path. And what this is designed to do is prevent any frequency fluctuations while you're running AVX-512 workloads. And it's clearly delivering all of that benefit of AVX-512. This capability is targeted to a heavy lifting HPC applications like molecular simulation, [indiscernible], physics simulations and more. Let's take a closer look at the process technology underneath. With Zen 4, we deliver a leadership efficiency with both design and process optimizations. We leveraged TSMC 5-nanometer for the CPU die. It's the most advanced cutting-edge process technology that contributes along with AMD design efficiencies and to bring significant performance and energy efficiency gains. Our decades-long relationship with our EDA partners and the TSMC continued with 5-nanometer. We operate in a very deep design, technology, co-optimization partnership that synergistically make sure that the design and process changes work harmoniously together to deliver performance and efficiency gains that are also highly manufacturable. And Zen 4, the result is a specialized HPC process, and that's enabled us to get additional frequency beyond the baseline process technology. The team's co-optimizede device scaling, device capacities, the metal stack. And we were -- these all made significant design -- significant contribution to Zen 4 in addition to the functional design levers that the AMD team pulled and all of this resulted in further computational efficiency. The logic and cash area scaling 5-nanometer allowed us to further reduce the die area over Zen 3 by 18% despite adding new performance features and new instruction support. A 15-layer telescoping meta stack has been co-optimized to deliver both high frequency and high-density routing capability. And now let's take a moment and look at the latest chiplet innovation in Zen 4. Customers can choose to deploy from a 2 CPU core die CCD with 16 cores, up to 12 CCDs with 96 cores per socket. That's modular scalability, and it's that modular capability that allows us to deliver tremendous configuration flexibility. Up to 432 gigabit per second socket-to-socket Infinity Fabric links enable a greater than 1.9x crosssocket bandwidth, and that's improvement generationally of our third gen EPYC. The fourth gen EPYC CPUs with Zen 4 also deliver leadership, silicon and platform scalability with significantly higher performance per core, maintaining a balanced performance for the most demanding workloads. When AMD first pioneered the use of chiplets in 2015, it was clear that we could extend Moore's Law, reduce costs, improve our energy efficiency and still deliver high performance generationally to our desktop and server CPUs. We have more than 40 chiplet standard products in manufacturing today. We've been an absolute pioneer here, and the industry at large, recognized the benefit of chiplets and is moving in the direction that AMD is set. Chiplet designs are not just for CPUs. Last week, we debuted our first chiplet-based design for GPUs based on the RDNA 3 graphics architecture, delivering an improved experience, performance and power efficiency for gamers. So moving on to the key metric for CPU performance that is always how efficiently the processor can get the job done at each clock tick, IPC instructions per clock and so proud that in our server application, Zen 4 brings a 14% instruction per clock improvement. It's based on a geo mean of 33 server workloads. Zen 4 is a derivative to Zen 3. So it's targeted and enhancing that base architecture from its predecessor. And the Zen 3, we increased the execution with. So therefore, Zen 4 that meant that we needed to work on feeding the instructions faster into the machine. And that's why you see most of the improvements coming from the front end and branch prediction because that increases the capability of the more instructions delivered per cycle. We grew the op cash. I mean that increased the hit rate and delivers more ops per cycle. We have a load store improvement, and the larger L2, they're providing critical data faster and leading to the overall contribution of a 14% IPC improvement. And when you look at the cumulative IPC improvement in the Zen era, it represents a 235% gain over 4 generations, that's over the last 5 years. And so we have clearly not let up. Let me assure you that we have not used up all the tricks in the book for CPU performance, and we have a lot more innovations coming for our future generations. Our focus on core performance is absolutely relentless. Of equal importance is our commitment to high performance with energy efficiency in every generation. When we announced the first generation of Zen, I showed you that we are advantaged in both area and power versus our competitors x86 CPU. We've grown that advantage. This is a choice that we made. It was a choice to optimize both high performance and power efficiency. Revenues throwing power and area at the problem, AMD strives to achieve a balance of high-frequency design that's power-efficient with both our methodology and our technology deployment. The result is a leadership CPU with significantly better performance per watt in a much smaller area. Utilizing our leading process edge technology and the world-class physical design approach, AMD Zen 4 design is 40% more area efficient than Intel's current server processor. As we showed during the Zen 4 Ryzen 7000 series launch in August, Zen 4 is about 50% smaller than the Intel Alder Lake Golden Cove for desktops. Now what we expect is that the Zen 4 energy area -- the Zen 4 area efficiency leadership will, in fact, grow even more versus the Intel server Golden Cove Core once it's released. Zen 4 and EPYC sockets is up to 48% more energy efficient than the competition. And that is a key lever for CIOs who are looking to substantially improve their sustainability with their deployments. And with the fourth gen EPYC, you're reducing the environmental impact all while improving your total cost of ownership. It's really a huge win-win for our customers. The impact of Zen 4 and the fourth gen EPYC server CPU is fully evident in the performance gains at the same TDP is shown on these graphs. The leadership in 5-nanometer technology is part of the reason that we can deliver such huge gains, but is amplified by the IPC games that are accomplished without compromising on power. In the SPECrate 2017 Energy benchmark, you see a 1.41x improvement generationally in the performance per watt of energy expended. In the floating point benchmark, you see 1.7x improvement and as part of adding support for AVX-512 implementation, we also added extensions for convolutional neural nets with the vector neuro net instructions, VNNI. Fourth gen EPYC server CPUs with AVX-512 VNNI support a 2.67x uplift for BERT like that's our natural language processing benchmark. And we used a comparison 64 cores gen over gen. It's just a huge speed up for CPU inferencing. Now let's take a moment and hear from one of our key customers. We have a short video featuring [indiscernible] from Google Cloud, who will elaborate on their use of the AMD EPYC CPUs in the Tau VM family for data security and to reduce the company's energy footprint. That's roll video.

Thank you, Mark. We are very excited to be a part of the launch of AMD's fourth generation EPYC processors. At Google Cloud, we're committed to providing infrastructure choices that are optimized for real-world workloads so our customers can get the best experience in price performance. In 2021, we introduced third-gen AMD EPYC processors in our Google Cloud TauVM family. TauVM deliver a leading combination of price and performance, and we've been thrilled to see these VMs change what is possible for a variety of scale-out workloads for many of our customers. Since then, we have expanded the availability of AMD EPYC processors to a compute-optimized VM family, C to D, and of course, we will be introducing VMs based on the new fourth-gen EPYC processors. At Google, we are proud to have matched all of our energy consumption with renewable energy for 5 years in a row, making us the cleanest cloud in the industry. We have set the ambitious goal to operate all our data centers on carbon-free energy 24/7 by 2030. Our growing footprint of AMD EPYC processors is helping us with our efficiency goals. And we are excited by the energy consumption improvements of AMD's fourth gen EPYC processors. Google Cloud is strongly committed to the protection of our customers' data. and encryption is a powerful mechanism to help us achieve this. For years Google has provided encryption both in transit and at rest to protect our customers' data. To complete the full data protection life cycle, our confidential computing portfolio based on AMD EPYC processors also protects data in use. Google Cloud Security team and Google Project Zero work closely with AMD's product teams to advance our security capabilities with confidential computing. We value our close partnership with AMD and look forward to collaborating our new Google Cloud offerings to deliver increased performance, greater efficiency and functionality for our users. Thank you.

Thank you, Amin. As you just heard, EPYC processors have been instrumental for Google in reaching their efficiency goals and in helping protect data in use, at rest and in transit through confidential computing features. They're part of the AMD Infinity Guard. And I'll cover the new Infinity Guard features in just a few minutes. Let's take a look at I/O, memory and then security improvements. Fourth gen EPYC delivers leadership IO bandwidth with 2x more versus our previous generation with PCIe Gen 5 versus our prior PCIe Gen 4 implementation. Further, PCIe Gen 5 supports memory expansion capabilities with connect XpressLink, CXL. We have CXL 1.1 plus support and is plus because it supports CXL 2.0 memory devices for disaggregation and now enabling tremendous flexibility for customer configurations. DDR5 is also very, very key because that ensures that we have the memory bandwidth to keep up with all the added cores that we have in fourth gen EPYC with up to 2.3x memory bandwidth improvement, we keep a balanced computer that scales. We're also staying pace on memory security, which relies on high-performance AES XTS encryption, decryption capability. AES is the de facto cryptographic algorithm and it's a central element for securing application data in memory. With fourth gen EPYC, AMD delivers an even stronger 256-bit AES XTS encryption. Zen 4 also added APIC programmable interrupt to really accelerate our VMs and confidential VM speeding their implementation. Okay. Well, AMD Infinity Guard. It's a multifaceted approach that we have to data center security and delivers an industry-leading set of modern security technologies, it really decreases significantly the potential attack surfaces on our processor. With each generation of Zen, we've been delivering more functionality and more leading-edge security than the generation before. And with Zen 4 we've enabled new features, including a doubling of the confidential computing VM guests that can serve even more customers than before. We've also further hardened protection from side-channel attacks while running simultaneous multithreading and secure nested page. AMD continues to deliver the Zen CPU road map on schedule and to our performance goals. We remain focused on being that trusted partner to our customers and delivering our next generation of designs, which are well underway. We've doubled down on our implementation efficiency, getting to a finer grained level of power optimization than ever before. And with the 5-nanometer process technology and design optimization, AMD delivers compelling performance at low TDP, it's incentivizing our customers to take advantage of our efficient, secure cool and quiet systems with leading-edge performance at a fraction of the competitor's power consumption. AMD thrives on innovation. And you can see that in each generation of the Zen road map, Zen 4 is simply the latest testament of AMD execution excellence. Thank you. I'm very happy to bring up Dan McNamara to stage, Dan.

Good morning, everyone. So back in June at our Financial Analyst Day, I talked about the fact that the EPYC business is on fire. And today is the next step in our journey. And I have to admit right at the start that Genoa is actually the coolest product I've ever been associated with. So you just heard a bit about the performance in architecture of fourth gen EPYC. Now I'm going to take a little bit of a shift in gears and talk about the tangible business benefits that the enterprises can tap into by leveraging for 4 Gen EPYC. IT organizations worldwide [indiscernible] they need to process massive amounts of data, accelerate business results and do both of those with a shrinking power cost and space envelope. We designed fourth gen EPYC for those key needs. Through countless conversations with our customers, we believe that there's 3 main pillars that everyone is optimizing for as part of their modernization needs. And the first one is to harness all that data I just talked about and deliver to the business real-time actionable insights. And to do that, you need the highest bandwidth, lowest latency and high throughput systems in your fleet. And secondly, CapEx and OpEx budgets are understanding across the industry. And I'll show you how with fourth gen EPYC, we're going to enable customers to consolidate their infrastructure and drive savings. And lastly, every person in every enterprise is tasked with reducing energy usage and reducing carbon footprint. And I'll show you how with fourth gen EPYC, we're not only driving efficiency and sustainability in the data center, but we're driving a dramatic impact on the environment as well. So let's take a look at the key ingredients within fourth gen EPYC that drive this value. So with EPYC, it all starts with core counts. And you already heard today, our top of stack is 96 cores. It's a full 32 cores more than our market-leading Milan processor and more than 2x our competitors' current top of stack processor. But it's not just about core counts. Most of the enterprise workloads desire are much stronger core. So we did a little bit of an analysis here. We took our fourth gen EPYC 32 core and compared it against our competitors' 32 core Ice Lake. As you can see, we're delivering up to 55% higher per core performance. This density and performance is what has our customers and partners, some of whom you've already heard from today, so excited to launch new platforms and services based on fourth gen EPYC. And this product stack is how we deliver all that performance. So we designed it to optimize for different workloads and segments in the market, starting with cloud and high-performance computing. We're delivering a number of SKUs from 96 cores to 48 cores, optimizing for density and throughput. And secondly, in the core of the enterprise, we're delivering multiple SKUs with high per core performance in addition to our 96 core top of stack that delivers single-socket performance leadership, which is critically important as we go forward. And lastly, for mainstream enterprise, we're delivering solutions from 32 cores, 16 cores, optimizing for power and cost. And across the stack, you can expect the same memory security and IO that Mark just talked about, regardless of the choice. And it's a reduced stack. And -- but we're delivering a much broader core comp breadth. So I have a question. What happens -- what happens when you get per core performance and the highest density? You break a few records. So we've broken records across a number of workloads from database management, to technical and engineering workloads to infrastructure and business applications. I'm very excited to say that we have broken more than a few world records, and we're at over 300 and counting today. So now let's take a look at what this all means to the enterprise. So Enterprise rely on relational database management systems to help with decision-making and analytics. In the enterprise, today, your analytical capability is one of your key differentiators. So as you look at the picture on the left, we did a test with our top of stack fourth gen EPYC versus Intel's 8380. And as you can see, we're delivering more than 2.5x the performance for business-critical queries. And transaction processing is critically important for the enterprise as well, whether you're in e-commerce, financial services or other segments, more transactions per second means more customer touches and more sales. So similarly on the right, we did a test with our top of stack versus Intel 8380. As you can see, again, we're delivering more than 2x the performance in critical all CPU transactions. So these are just 2 examples of how an enterprise can leverage fourth gen EPYC and move and process their data more than 2x faster and drive more business agility. Now the second pillar I talked about was infrastructure consolidation, and I want to take a look at that through the lens of enterprise virtualization, which is obviously a very hot topic today. And we have a long-standing -- and VMware is the leader in enterprise virtualization software. So VMware is a leader in virtualization software. We have a long-standing relationship with them. And in fact, it gets stronger with every single new generation we deliver. And to hear more about what VMware is doing with fourth gen EPYC, let me introduce their CEO, Raghuram.

As we are all aware, enterprise customers today face a wide range of business challenges that drive them to modernize and transform their data centers. As they do so, they demand all of the benefits of the cloud for their on-prem environments, but they also need solutions that are easy to implement so they can optimize their investments. The intersection of this enterprise demand and VMware innovation lies the latest generation of our enterprise workload platform, VMware vSphere 8. We recently launched vSphere 8 at VMware Explorer U.S. and it is now available for download. Today, VMware is proud to announce that vSphere 8 is available and optimized for the fourth gen AMD EPYC processor. This combination of vSphere and EPYC allows enterprises to realize hyper optimized performance with the lowest TCO and energy consumption. All in pursuit of data center modernization for our customers. In addition to delivering the best virtualization performance, VMware and AMD continue our commitment to provide exceptional security solutions, then running on EPYC processors, VMware vSphere delivers true confidential computing for on-prem data centers and it requires 0 customer application work. whether you use virtual machines or containers. The combination of AMD EPYC processors and VMware vSphere provides a proven path for data center modernization across industries. And as an added bonus, we are contributing dramatically to lower power consumption in the data center. Together with AMD, we are redefining the green data center with increased machine consolidation and power reduction. Thank you for inviting me to share this important news with you and your audience.

Okay. Thank you, Raghu, and to the entire VMware team. We are very, very excited about delivering the joint benefits to our customers with VMware -- based on fourth gen EPYC. Now as Raghu mentioned, virtualization performance is a key factor that CIOs look at as they're modernizing their infrastructure. And VMmark is an industry-standard benchmark that measures virilization on servers. As you can see here in the VMmark tests we've done, we're delivering almost 3x the performance versus our competitor, which is a tremendous advantage. And we're also delivering over 3x the density, which allows more VMs to be deployed. So this performance in density is critical, no question. But we all know that the data centers of today are also challenged in space and power. And packing in the most amount of compute in the small space and power is super critical as well. So taking these factors into account, we want to take a look at how fourth gen EPYC can enable enterprise virtualization. And we took an example of roughly 2,000 VM deployment. And as you can see here, it would take about 15 servers based on Intel Ice Lake processors to deliver that workload. And on the right, you can see that -- we can deliver the same exact workload in density with 5 servers based on fourth gen EPYC. Now think about this, the EPYC 9000 delivers the same exact output with 1/3 of the servers delivering that workload at 50% less power and that combines to deliver 40% CapEx and a 61% OpEx reduction annually. There is tremendous savings. And here's the best part, it's never been easier to migrate your VMs from Intel to AMD. And Forrest will show you that in a little bit. Now I'd like to take a step back and look at fourth gen EPYC, at a higher level, a little larger scale and take a bigger picture look at the server energy efficiency. So we looked at this -- use an example of about 1 million -- 1 million servers deployed in on-prem data centers in the U.S. today. And imagine for a moment, and this is hard for me. Imagine for a moment, if all those 1 million servers were populated with top of stack Ice Lake processors. Very hard, but bear with me. To generate that same output, it would take 318,000 servers based on fourth gen EPYC. I'll think of that. 680,000 servers less with fourth gen EPYC. No question, huge savings, right, costs, acquisition costs, operating costs, just a tremendous win for the enterprise, but it gets actually more interesting. Those same 680,000 fewer servers actually will save over 4 billion-kilowatt hours of energy consumption. And by the way, that's more than the energy consumption of over 400,000 U.S. households a year. And secondly, the same 680,000 fewer servers, they'll reduce CO2 emissions by 2.2 million tons, 2.2 million tons. And here's the other interesting part and put that in context. It would take 2.4 million acres of U.S. forest to remove that much CO2 from our atmosphere. And 2.4 million acres happens to be roughly the size of Yellowstone National Park. So we -- we are talking about tremendous game-changing results not only for the data center, obviously, but for our environment also. Now let me close with a couple of last thoughts. First and foremost, it's never been more important to be maniacally focused on the efficiency of server fleets. No question. And secondly, it's never been easier for enterprises to adopt fourth gen EPYC and deliver higher performance, consolidate their infrastructure for overall cost savings, drive less energy and take a huge leap towards their sustainability goals. So I want to thank you for your time. And now let me introduce Forrest Norrod to talk about the -- our ecosystem of partners and also where you can get your hands on one of these EPYC servers. Thank you.

Thank you, Dan. And good morning, everybody. Before we get into where you can lay your hands on the sweet suite fourth-generation EPYC servers, I want to show you why there's never been a better time to embrace EPYC. Dan just showed you quite candidly, how much of a risk it is for enterprises and server customers to not switch to EPYC. From performance to consolidation and energy savings AMD is the clear choice. Now when we look across data centers today, there is enormous deployment still of older servers. Servers that were from the Skylake or Naples server CPU generations or before. That's well over 5 years old in many cases and moving from those aging servers, that aging infrastructure has many significant benefits because, quite candidly, just one AMD EPYC server can replace over 5 legacy servers. And the results of that consolidation are just incredible. 58% or more savings energy costs per year, 80% reduction in the data center footprint. While delivering more performance. And that consolidation is easy to do with AMD EPYC, you can move your workloads, your applications very easily from those legacy servers on to that new modern infrastructure. In less than an hour, you can move 380 virtual machines from those 5 legacy servers using standard tools to a single fourth-generation EPYC server. The energy and space savings, performance gains that simple migration that easy transition makes AMD EPYC the clear choice for the modern data center. Now I'd like to talk to you and introduce some about and introduce you to some of the partners that have those EPYC servers that you can embrace. And first off, I'd like to introduce Arthur Lewis, the President of the Global Infrastructure Solutions. Arthur is so great to have you here to be part of this launch event. Maybe you can start, though, with telling the audience a little bit about how Dell ISG delights your customers.

Thank you for having me. And congratulations on a great launch. Just talking a little bit strategically, data is the currency of today, and it's the currency of the future. And modern multi-cloud infrastructure is the manner by which customers will access and unlock the full value of their data. The breadth of the Dell Technologies portfolio and our deep understanding of the data landscape given that we're the largest provider in the world of data storage systems housing 70% of the world's mission-critical data allows us the unique opportunity to work with customers from edge to cloud to digitally transform the way they do business by providing simple, secure, efficient and intelligent access to their data. But access to data is only one component, customers also need the ability to process that data efficiently, securely and sustainably. And with the launch of the next-generation PowerEdge portfolio, our largest refresh in the company history, we hit the mark driving industry-leading innovation in areas of artificial intelligence, security and sustainability. And AMD, as you've seen today, with extremely strong innovation and performance of design remains a compelling portion of our portfolio, and I fully expect to see and, in fact, Forrest, already seeing strong customer demand based on AMD's EPYC gen 4.

That's fantastic. Arthur. No, this is not a new thing, though. You've been deploying -- designing and deploying some great AMD-based solutions for the last 3 generations as well. And I think you've learned a lot about customer needs and how best to tune those solutions for performance, security efficiency. Can you tell us a little bit more about that?

Forrest, we are incredibly excited. And I think customer is even more excited. We've designed incredible 1 socket and 2-socket solutions that support up to 50% more core processors, which yields both the highest level of absolute performance that we've seen, but also the highest level of performance per watt efficiencies that we've seen to date. And let me put some numbers behind that statement. Customers will expect to see 121% improvement generation over generation. Customers will expect to see 55% improvement in performance per watt. Customers can expect to see up to 25% savings in terms of kilowatt hours expanded as a result of that efficiency, and customers will be able to see 60% increase in storage capacity allowing them to consolidate and shrink the data footprint.

That's fantastic. Those are great, great performance and capacity features. I understand, speaking of performance, you've got some world records to talk about as well.

Yes. And Forrest, we've had the pleasure of working together and setting many world records over the lifetime of EPYC. I think there are 4 that I would like to call out today with respect to the general launch. On 1 Socket platform, we set the world record for SAP sales and distribution, overcoming and surpassing all of the other submissions by more than 2x. On the 2-socket platform and continuing along with SAP sales and distribution, we set the world record by enabling 148,000 units. And that's an impressive world record because not only did we surpass all of the 2-socket submissions we also surpassed all of the 4 socket submissions as well. Staying on the 2-socket platform and largely enabled by the 192 Zen cores of EPYC gen 4, we also set the world record for Java performance, and you heard Lisa talk about that earlier today. And then lastly, but I think almost more importantly is the AI TPC benchmark that we set. Now this is an end-to-end benchmark that covers training and inferencing. And we not only set the world record but we smashed the previous world record by more than 3x.

Man, that is great to hear.So performance is certainly central to anyone considering a new server, but as well as we've talked about, power efficiency is also critically important. Can you tell us a little bit about your innovations and particularly using AMD fourth generation EPYC, the innovations and power efficiency.

Yes, Forrest, it's no secret that sustainability is very top of mind for customers and Dell obviously shares that priority. In addition to very significant advancements that we've made in logistics and packaging, we have very strong circular economy and climate actions. We believe the latest iteration of the AMD-based servers present one of the most compelling arguments for sustainable compute in the industry. And again, let's talk some of the numbers as to why I feel comfortable saying that. One is the consolidation story that we've talked about -- that you guys have talked a lot about this morning from the performance and efficiency increases that we've seen where you can consolidate gen-over-gen, the workloads that were on 2 servers onto 1 service. And when you're looking at generation minus 1 to current generation, consolidating from 5 servers to 1, it's an incredible efficiencies that customers can realize. Customers will also be able to leverage Dell Smart Cooling technology to drive further efficiencies to manage their carbon -- CO2 emissions, excuse me. Customers will also be able to leverage OpenManage Enterprise power manager to track their performance versus output so they can track and optimize their carbon footprint. So better performance, better efficiencies, innovations in cooling, the ability to track and optimize your carbon footprint, giving customers the ability to scale -- consolidate workloads, scale performance while driving significant efficiency savings. What's really cool about that for us is customers now have the ability to work on things that were at odds historically, and we're now coming into alignment where you can actually scale performance, reduce and drive energy efficiency.

Fantastic. It's a fantastic combination. Now of course, we're talking about data centers. So underpinning everything always has to be security. And I think we've got some great secured technology, and you've really built quite a bit of security technology into PowerEdge as well. Tell the audience about that.

Yes, absolutely. So the PowerEdge portfolio is built on the industry-leading cyber resilient architecture with features like secure component verification, theft detection system lockdown, multifactor authentication. And our UEFI Secure Boot implementation has been recognized by the National Security Agency of the United States as industry-leading. When you couple that with AMD's Infinity Guard, customers feel safe knowing that their data center is safe at its core.

That's foundational. Well, Arthur, thank you so much. We're so proud and pleased to be working with you.

Thank you for having me.

Dell has been a great partner for us and so proud of the new PowerEdge portfolio based on the fourth generation EPYC and these important world records showing the relevance to enterprise and AI. Now another great partner for us that has been a great partner, not just in the data center side, but really across the entire breadth of the AMD portfolio from client to data center long-term partner of ours is Lenovo. And it's with great pleasure that I introduce to the stage, somebody I've known for many, many years. Kirk Skaugen, the President of Lenovo. Kirk, it's great to see you. Thanks for coming to the event.

Yes, I thought it was great. In fact, yesterday, I flew in ironically from Milan, the launch of Genoa. So that's pretty good.

That's amazing. Yes, I know that you've been -- so thanks for making that trip. I know you've been incredibly busy. It's been a very busy time for Lenovo. You've had a lot of milestones recently. Why don't you tell the audience about that.

Yes. It's been an amazing month for us. At Lenovo, we announced our 30th year of ThinkPad in the notebook space but also 30 years in x86 servers all the way back to September 21, 1992, when we announced the first IBM PS2 server that was on microchannel architecture and came with a free mouse when you bought the server as a promotion, so it's been great. But we also had our earnings announcement, and you guys have tremendous momentum. We announced a 33% growth in the server business, more than 100% growth in storage and 400% growth in edge. So this is a great time to join momentum together.

That's absolutely fantastic. I mean -- and you've built an incredible portfolio now to keep that growth going with AMD EPYC? Why don't you tell us a little bit about that.

Yes. Well, I mean, it really wasn't just about celebrating 30 years in the x86 server business. We announced our largest portfolio ever, which was 52 different products. more than 3.5x larger than we've ever announced before. And so today, I'm excited for Lenovo to be announcing 21 new think system servers and think agile hyper-converged appliances along with VMware, great to see Raghu up there as well as Nutanix. It's our largest portfolio on AMD ever.

Actually great, great portfolio, good looking portfolio as well. But -- I'm a server guy, love these things, love these things. But it's not just aesthetics for the data center geeks. Why don't you tell the audience and our customers why they should choose Lenovo plus AMD for their data center products?

Sure. So our vision with the Lenovo Data Center is to be most trusted. And we were just ranked in the top 10 supply chains of the world. And I think one of the things we're trying to do is get these products out as quickly as possible in our supply chain from our most trusted. I'm really proud last year, 97% of the products we delivered, we never rescheduled the order. So we're excited to get these products out immediately starting today to our customer base. But between us, it's really been about the deep collaboration and deep, deep engineering. Back to the IBM BladeCenter in 2004, we were the first person when it was the IBM business before we acquired the X86 server business to launch Opteron in the blade space. So we have an incredibly deep engineering relationship today. And you look at where we're at relative to performance benchmarks and reliability. We're now #1 in reliability in the world for 8 consecutive years. And today, we're proud that we have 99 AMD world record workloads, which is more than 2x any competitor in the world, and we're going to talk about some more today.

It's pretty compelling. And I know that, that whole value proposition is really resonating with some of the largest customers in the world, and I know you just came back from talking to a bunch. Can you tell us about some of the recent customer deployments?

Some of our largest customers in Europe, and we're adding now a public customer reference every single day. So we've added over 300 public references if you go to lenovo.com or people that are leveraging our technology together. But Hetzner Online is one of the largest data centers in Europe, hundreds of thousands of servers. We've been deploying this high-performance, energy-efficient computing for them with the previous generations of AMD EPYC and they're excited to be rolling out fourth gen AMD EPYC in the previous generation, a 30% improvement in their TCO, and that's just the beginning.

That's absolutely fantastic. So -- and part of that, of course, is driven by the power efficiencies. The power efficiency benefits of EPYC are really catching on and catching a lot of attention. But as Lisa mentioned, the performance is really one of the main highlights as well. And performance, of course, is nowhere maybe more important than in high-performance computing. We've got supercomputing 22 coming up next week. I know I think you're planning on spending the week there. And you've got for the HPC folks in the audience. And I mean you've got a large footprint in HPC. You've got a large footprint on the top 500 list. I know you've got some strong exciting announcements coming up. Maybe why don't you preview some of what you're going to be talking about next week?

Yes. Hopefully, I'm not the only person who looks forward to supercomputing in the world. But we're very proud, 1 in 3 of the world's supercomputers run Lenovo, 162 of the top 518 different markets in the world. Of those 99 world records, we have on EPYC 62 are in high-performance computing. So I just checked with my team before I walked in here. In 3 days, we're going to pack in 189 customer visits in Dallas. There is tremendous excitement about what's happening there. And it really has to do with this Neptune warm water-cooling that we're doing together. And today, I'm really proud to talk about the new ThinkSystem SR665 server for sustainable computing. This is really taking the world by storm. We support 17 of the top 25 research institutions in the world in addition to being #1 in the top 500. But what Neptune does is it's amazing that fans now can take up to 130 watts for server. And with Neptune, we're not even requiring chillers in the data center. You bring warm water into the data -- into your data center, it circulates through the system, through the CPUs, the GPUs, the power supplies, the memory, the drives. That can take 98% of the heat off the server with up to 40% lower power consumption. So even if you're at $0.15 a kilowatt hour, you can get the recovery in less than a year, and we're just seeing us tremendous, tremendous support across the industry. One of them I want to talk about today is SURF with their Snellius supercomputer. They are the largest supercomputer in the Netherlands. They support scientists and more than 100 scientific institutions and universities across the country. They're in the top 500 list. And they are very excited. We're going to be deploying 700 or more nodes on EPYC gen 4 as a timely market supplier here. Very exciting and tons of energy going into supercomputing.

That's fantastic. And the performance of supercomputers now a days is absolutely amazing and what -- more importantly, what people can do with that level of performance? But I know that beyond HPC and beyond standard enterprise, you're also designing some systems for new use cases. And maybe you could tell the audience a little bit more about that.

Yes. I mean it's funny when you go back 30 years for that first x86 server, that's now basically Lenovo notebook or even going into a Motorola phone. So if you think about where we're going to be in 30 years from now, we can all make those predictions. But One of the reasons we moved to -- from the data center to the Infrastructure Solutions Group is we recognize that 75% of the data is moving to the Edge. People to people, moving to people machines, to machine to machine. And we're going to double the amount of data in the world in the next 2 to 3 years, which will be more data than it's been created in the entire history of the world if you think about that. But we're only computing 2% of that data today. So we created a new ThinkEdge Portfolio. And I think as we get even lower power versions of EPYC, you're going to see us more together on the Telco Edge for Oran, for NFV and for Edge AI in the future So we're excited to be back up on stage and talking about that in the near future.

It sounds good. We'll do that soon. Kirk, thank you so much for the partnership and really looking forward to these new systems.

Thank you Forrest. Congratulations.

So it's been fantastic to work with Lenovo and it's just incredible to see this full portfolio of ThinkServer and ThinkAgile systems based on EPYC and the Neptune warm water cool system is very, very cool. Now let me continue with another key partner that's been with us on this whole EPYC journey over the last few years. And that other partner, of course, is Super Micro. Now Super Micro has long been known to offer their customers finally targeted systems from a very wide range of platforms. And I'm happy to say with fourth-generation EPYC, Super Micro continues this transition. So again, I'm pleased and once again honored to welcome Charles Liang, CEO, Chairman and Founder of Super Micro. Charles, welcome. Charles, It's great to see you. Thank you for coming today. We really appreciate it. Super Micro, I must say, has seen incredible growth over the last 2 years. It's been truly remarkable to see. What's been driving that exceptional growth?

Okay. As an engineering company based in Silicon Valley, we always try to deliver new technology to market as early as possible. And thank you for our strong relationship that support. So this time, again, EPYC gen 4, we have 15 product lines already to ship today.

That's absolutely fantastic. And I understand your -- you built a very wide range of systems and you've recently expanded with the rack level systems as well. Could you tell customers why do customers -- you clearly are making great traction with this, why do your customers love such a wide range of choices?

Yes. Very good question. Indeed, the last year revenue, we grew about 50%. And last quarter, our growth rate year-over-year was about 10x faster than the industry, average growth rate. And the reason why -- one of the key reasons because our Rack Scale Plug and Play Solutions. We install CPU, storage, AI platform and switch management software, security feature, all targeted for customers. So when customers receive our product, just plug into cable, power cable, data cable and then they are ready to run their workload. So customers really have that, especially during the supply chain challenge people just like that. We happily shrinked [ the LD ] time from a couple of months to couple of weeks. So that's a very helpful solution to that market.

That's absolutely fantastic. And I think your -- and then you -- now you're adding to that, a rich set of new fourth generation power -- or sorry, fourth generation Super Micro systems incredible to see. Tell us a little bit about these new fourth-generation servers?

Okay. You start from the beginning, 29 years ago, when I founded the company, right? We designed our product based on building block solution, or module or the some things that we design are competitive, optimize across in product line. Given across different generation of products. So it makes it much easier, much quicker for our engineers to design and deliver the new technology time to market With optimized quality and workload performance. And that's why this time, we have 15 different EPYC gen 4 product line already issued.

That's absolutely fantastic.

Design specifically optimized for people workload.

That's fantastic. Targeted systems in Racks that you can plug 2 cables in and get all that performance? That's great. Now Charles, another key part of Supermicro's heritage has been your long-term focus on green computing on sustainability. Why don't you talk to us a little bit about that because you guys have really been out in front on this topic.

I love green, since 2004, we started to design a green computing product to make our -- certainly us power efficient as possible, make our thermal system as efficient as possible. And make our system or Rack Scale product ready for customers to implement high operating temperature data center as easy as possible or make liquid cooling, water cooling, as easy as possible. So today, we are delivering, for example, a [indiscernible] with liquid cooling. And traditionally, when people are talking about liquid cooling rack scale crosses scale. It always takes 2 months to 3 months or even 4 months for the time. Now we are able to make water cooling in Rack Scale for that, available in 2 weeks for customer. So that dramatically shrinks the lead time and customer [indiscernible].

That's fantastic. I understand you have a mission at Super Micro to drive environmental improvement.

That's great. We -- if the global market IT industry, select energy-saving green solution like our solution today or if the whole industry design and implement their data center and infrastructure as green as the solution we provide. We target globally every year can save up to $10 [ billion. ] in electricity. And that equal to about we preserve 8 billion trees, reduce CO2, make our earth more beautiful, and make our environment more haze for our generation to come. So I'm really happy to focus on green computing and thank you a lot for AMD EPYC season and making our building block solution, making our Rack Scale so easy. This is much easier to offer to the market.

That's fantastic. Well, that mission is pretty cool. As Forrest myself, I'm all about saving trees. Now what's even greater is that these systems are available now. And you've got a couple of ways that customers can get a hold of them. Why don't you tell the audience how they can start seeing Super Micro fourth generation AMD EPYC servers?

Yes. We are ready to ship, again, across about 15 [indiscernible]. Most of them are ready to ship today. And also, we offer a simple -- customer want to run their workload welcome to order our sample -- or customers want to save time and want to run your workload immediately in few hour, you can easily walk out our sales and reach [indiscernible]. With our [ Spartan ] program, you can [indiscernible] in our headquarters or in [indiscernible]. And you can run your workload right away. With the system optimize auto configure [indiscernible]. So you can see your workload, 100% performance improvement or how much time you can save. For example, EPYC gen 4 processor. Although we see the season consume a little bit more power, maybe 20% to 30% more power. But it has delivered more than 100% better performance. So...

Charles, it's very, very impressive, and thank you so much for the long partnership with AMD, and thank you so much for having such great products with us.

Thank you...

Thanks a lot. Take care. So again, Super Micro announcing today a full portfolio of fourth-generation EPYC servers. I'd like to thank all of our incredible platform partners that were here today that have been participating in the launch virtually and that have produced an incredible set of platforms for past generations of EPYC and for the next generation of Genoa. I'm very pleased and proud to say that across this list, the fourth generation EPYC servers many of which are available today, and we'll be rolling out further examples throughout the year, are going to be available on-premise or in the cloud for our customers to begin seizing these benefits that Dan, Mark and Lisa spoke to. Now beyond the platforms, turning to our ecosystem of solutions, when we began this journey back in Naples, just a few miles away from here. We began with this close set of partners, a small set of partners that were optimizing their software and hardware to work as part of the EPYC ecosystem. We've added to that ecosystem over the last 5 years. And I'm very pleased to say that when you look today and you look at the names on the wall behind me, which are just a tiny fraction of our partners around the EPYC ecosystem. We have a complete ecosystem today. No matter what workload you're running from finite element analysis to transaction processing systems, whether you're an enterprise with one of the largest data centers in the world or if you're a small or medium business, EPYC and our partners' ecosystem is ready to run your workload in an optimized fashion today. Now with that, I'd like to turn it back over to Lisa to close out the morning. Thank you very much.

All right. Thank you, Forrest. Has it been a fantastic morning? I will say as much as Forrest, Mark, Dan and I loved telling the EPYC story, what I love even more is our partners telling the EPYC story. I really want to thank all of our partners who joined us on stage today: Microsoft, Oracle, HPE, Google, VMware, Dell, Lenovo and Super Micro. It's that close partnership that really brings these products to life and really enables us to deliver these incredible performance and efficiency things. So let me now wrap things up. I started at the beginning with saying our goal with EPYC was to build the best data center CPU road map in the industry. And I think we've done that. With fourth gen EPYC, we have delivered another major step forward in performance and efficiency, making the best server processor road map even better. We're really just getting started. So when you think about the fourth gen EPYC family, we've really broadened the portfolio because the data center is becoming much more complicated. There are much -- many more workloads and optimized solutions can really bring a lot for specific workloads. So in the first half of 2023, we'll launch Bergamo which is increased core density. It will allow us leadership scale out and particularly optimized for cloud-native workloads. And as I said earlier, that product is looking fantastic, in the labs right now, so we're looking forward to that. You heard Microsoft talk about Genoa-X. And what we've seen with our 3D V-Cache technology is it adds tremendous capability for specific workloads, especially technical computing. So we're also ready to launch that in the first half of 2023. And then in the second half of the year, when we talk about Ciena, which actually extends our EPYC portfolio into Telco and Intelligent Edge which really is focused on sort of maximum performance per watt at the right cost point. So you can see that we're taking the Zen 4 capability and really extending it through the entire set of workloads. And then in addition to our commitment to CPUs, we're also committed to being the partner of choice across the full spectrum of engines that you need in the data centers. So that includes our instinct GPUs our FPGAs, our adaptive SoCs, our Smart Mix and our DPU products. So you can really see that we have the full spectrum of what you need. So Again, I want to say thank you so much for joining us today. It is really our honor and our pleasure to be able to share with you all of the exciting technology. It's an exciting day for AMD. I think it's an exciting day for the industry. And our goal is to bring the best of the data center together with our partners. Thank you so much.