AMD Stock Flirting with New High

[Rubymaster]

https://finance.yahoo.com/news/ford-falls-despite-beat-amd-eyes-fresh-high-scripps-takeover-talk-ramps-143311325.html

 

"Advanced Micro Devices (AMD) shares are flirting with a new high. Analysts are lining up to raise their price target on the stock after the chip maker surprised Wall Street by swinging to a profit last quarter. Revenue also beat expectations jumping more than 18% from a year ago. AMD also gave an upbeat outlook for the current quarter and the year as it expects demand for its graphics chips to remain strong." - Yahoo Finance

 

I think this shows how much AMD has grown in the past year and it is great that there is a quantitative measurement of that success. 

[Hiitchy]

I don't know how it'll look when the new VEGA cards release to consumers, but at least we know things are looking up for them.

[Fonzie92]

Won't be after rx vega, that I can tell you

[Teddy07]

lol, I just bought today 75 shares (1000 €) from AMD. I am a student and had that money lying around and didn't know what to do with it. So I thought why not invest them.

[Rubymaster]

12 minutes ago, huilun02 said:

 

I didn't see that when I searched to make sure I wasn't double posting. However that post is discussing revenue, mine is the stock price. While they are connected they are not the same thing.

[Coaxialgamer]

27 minutes ago, Hiitchy said:

I don't know how it'll look when the new VEGA cards release to consumers, but at least we know things are looking up for them.

The gpu market isn't a very profitable one. Its one of the big reasons nvidia is moving towards AI. 

 

The cpu market, on the other hand, is VERY profitable, especially when it comes to servers. 

AMD's revenue is secured for the next few quarters at the very least. 

[ApolloFury]

9 minutes ago, Coaxialgamer said:

The gpu market isn't a very profitable one. Its one of the big reasons nvidia is moving towards AI. 

 

The cpu market, on the other hand, is VERY profitable, especially when it comes to servers. 

AMD's revenue is secured for the next few quarters at the very least. 

Specifically x86 CPU market? Apparently though the CPU market is at the beginning of its end according to a Microsoft Employee as it is ARM and GPUs that will ultimately destroy x86 CPU market: 

 

http://webcache.googleusercontent.com/search?q=cache:JDuUy_X4iUcJ:www.alexstjohn.com/WP/2017/06/10/the-age-of-nvidia/

https://www.reddit.com/r/nvidia/comments/6gwm2n/the_age_of_nvidia_the_saint/

 

Though we are talking about far into the future of which Nvidia is well secured right now with their GPUs. But you're right the CPU market is still very profitable at this instance.

[MilfShake]

35 minutes ago, Teddy07 said:

lol, I just bought today 75 shares (1000 €) from AMD. I am a student and had that money lying around and didn't know what to do with it. So I thought why not invest them.

So you're the kind of people that buy when it's high eh lol?

[GatioH]

36 minutes ago, Teddy07 said:

lol, I just bought today 75 shares (1000 €) from AMD. I am a student and had that money lying around and didn't know what to do with it. So I thought why not invest them.

Imagine knowing someone who bought 750 shares 14 years ago...

[Tataffe]

I bought fictional AMD shares in a game on Nov 8 last year and sold them yesterday. Their value had doubled in this time frame. I'm seriously pissed that I didn't buy real shares, since I was rather confident in AMD last fall. Darn.

[Terryv]

I bought 200 shares at 3.58. my wife is very pleased.

[Agosto]

1 hour ago, Teddy07 said:

lol, I just bought today 75 shares (1000 €) from AMD. I am a student and had that money lying around and didn't know what to do with it. So I thought why not invest them.

Student 

1000€ lying around

wat

[Coaxialgamer]

47 minutes ago, ApolloFury said:

Specifically x86 CPU market? Apparently though the CPU market is at the beginning of its end according to a Microsoft Employee as it is ARM and GPUs that will ultimately destroy x86 CPU market: 

 

http://webcache.googleusercontent.com/search?q=cache:JDuUy_X4iUcJ:www.alexstjohn.com/WP/2017/06/10/the-age-of-nvidia/

https://www.reddit.com/r/nvidia/comments/6gwm2n/the_age_of_nvidia_the_saint/

 

Though we are talking about far into the future of which Nvidia is well secured right now with their GPUs. But you're right the CPU market is still very profitable at this instance.

We are quite a bit away from that. Besides, ARM currently can't provide for the high performance market. The cortex a73 is still significantly slower than zen or skylake. 

That's why SPARC, POWER and X86 still have plenty of life in them. 

 

Current many-core ARM server implementations require the software to make heavy use of thread-parralelism to be cost effective. 

[Terryv]

6 minutes ago, Agost said:

Student 

1000€ lying around

wat

Pretty much this. 

 

Also, why would you buy now? I believe they've hit their peak for a while. When they pay off some more debt and gain solid market share, then they might climb higher.

[AnonymousGuy]

This guy says what I would say:

Quote

only rationale for the stock price at current levels is that 2018 represents the beginning of a multiyear revenue ramp back to 2006 market share levels, which in our view gives Intel no credit for being able to compete effectively despite migrating to 10 nm in 2018. 

They're overvalued as fuck currently.

 

Oh and they still lost money this quarter:

 

Quote

The company reported a net loss of $16 million, or 2 cents per share, in the three months ended July 1, compared with a profit of $69 million, or 8 cents per share, a year earlier.

 

[Teddy07]

7 minutes ago, Agost said:

Student 

1000€ lying around

 

I am learning all the time (computer science) as it is hard for me. I also don't drink alcohol, visit bars, ... My life is cheap as I only need money for fruits and sport. 

 

45 minutes ago, MilfShake said:

So you're the kind of people that buy when it's high eh lol?

Why not? It can go higher

Bringing your money to the bank barely brings interest nowadays (1% here in Germany)

 

 

[GatioH]

3 minutes ago, Teddy07 said:

I am learning all the time (computer science) as it is hard for me. I also don't drink alcohol, visit bars, ... My life is cheap as I only need money for fruits and sport. 

 

Why not? It can go higher

Bringing your money to the bank barely brings interest nowadays (1% here in Germany)

 

 

The bank intrest for me (in the US) is .01%.. lucky bastard 

[Teddy07]

13 minutes ago, GatioH said:

The bank intrest for me (in the US) is .01%.. lucky bastard 

ok, I pulled the 1% out of my ass. I just checked and my bank offers gigantic 0,2% for the instant access savings account. 

[Masada02]

Thanks for the news OP, sold my shares for quite a substantial profit at the peak today. Will probably buy back in after it tanks again. Seems to be happening every couple months. 

[Humbug]

2 hours ago, Fonzie92 said:

Won't be after rx vega, that I can tell you

 

2 hours ago, Hiitchy said:

I don't know how it'll look when the new VEGA cards release to consumers, but at least we know things are looking up for them.

 

While I want Rx Vega to be a great product and sell well, it is magnitudes less important to AMD than Zen core CPU technology.

 

The margins and volumes are just very different. AMD had been cutting it's losses and getting closer to breaking even for a while now. Finally with Ryzen 7 and Ryzen 5 on sale they are now making money again. That is thanks to Zen CPU cores.

 

And this is just the start, they still have to launch Ryzen 3 which is high volume, and Zen APUs targetting laptops. and Threadripper for high end desktop, and Epyc for enterprise servers. Plus future console sales based on Zen APUs... And then they are going to iterate on this in the next few years with Zen2, Zen3 ipc gains, node shrinks etc.

 

If Vega sucks remember AMD will just try to compete on price and then try again with Navi a year from now for the high end crown.

 

On the other hand if Zen had sucked that would have been it for AMD. No money and no option of trying again in the future.
 

 

[pyrojoe34]

1 hour ago, Agost said:

Student 

1000€ lying around

wat

Must not be American...

 

1 hour ago, Teddy07 said:

Bringing your money to the bank barely brings interest nowadays (1% here in Germany)

Yup... figures... I pay more for internet than my cousins in Europe pay for University and internet combined...

[Doobeedoo]

They really rounded this year with all kind of products that perform. 

[MyName13]

4 hours ago, Teddy07 said:

lol, I just bought today 75 shares (1000 €) from AMD. I am a student and had that money lying around and didn't know what to do with it. So I thought why not invest them.

Y tho...They were 11$ a month ago and they are at a maximum now.By the way what kind of a student has 1000€ lying around?

[JoeCoke]

If Vega really is priced higher than a 1080ti or right around, then I'm pretty sure this'll fall again. But overall with Ryzen doing well and EPYC coming up they'll hopefully still keep rising.