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What do you mean by what's happening with AMD. Mother fuckers are riding on the coat tails of NVDA. It has a P/E ratio of 340. That's right. 340. And it's a fucking hardware company. Not even a software company, where you build once and sell 1 million copies. Yeah, I lost money on it.
GTC happened
Amd real price is 50-60, p/e is 350+ super overpriced sht
Too much hype about their Mi300X. New NVDA B200/B100 makes the AMD chip look DOA.
AMD was overhyped to begin with. Everyone’s looking for another NVIDIA. There is no another NVIDIA.
AMD cannot due software right
investors don't care about software for a hardware / peripheral company. Just ask Logitech with that gross excuse of peripheral software GHub that has existed for nearly a decade
Buy the dip - AMD , it’s a good competitor to nvidia. PC side .
Just consolidating before earnings. There is a reason AMD has the highest volume trades amongst any other tech company. It is because swing traders are in love with it. You have idiots who think its going to rocket, then they get flushed. Wash rinse and repeat. Not to mention those (like myself) who sell call options against their long positions. And just collect easy premiums on those who don't know how options work. AMD is a long term hold as long as Lisa Su is at the helm.
I heard China is blocking AMD and Intel.
From goverment computers…lmao