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Advanced Micro Devices’ high-end server-chip business is thriving and taking share from $INTC. That’s the key takeaway from AMD ’s latest quarterly results released on Tuesday. The chip maker’s stock jumped on the news in late trading.
Chip maker AMD said revenue from its EPYC server processor business more than doubled during the March quarter. In comparison, last week Intel (ticker: INTC ) reported 22% year-over-year growth for its data-center server unit for the same period.
AMD (AMD) also reported adjusted earnings per share of $1.13, compared to Wall Street’s consensus estimate of 91 cents, according to FactSet. Revenue came in at $5.9 billion, which was above analysts’ expectations of $5.01 billion.
Stock price is a function of company growth, not company value. The previous management (mainly BK-Murthy team) made strange business decisions: 1) did not continue to invest in process technology, 2) did not use TSMC's fab either. Intel is now suffering from past mistakes by the management. Under the new leadership, Intel is making great progress in process technology. Although its process technology will continue to be behind TSMC for this year, the gap is closing. Intel is on its path to close the gap in 2023 or 2024 and regain its leadership in 2024 or 2025.
Now is probably a valley for Intel. Revenue and profit will start to grow as soon as in late 2022 or 2023. Be grateful for such a great opportunity to by $INTC shares at such a low price. Buy the shares for retirement or children or grand-children's education. Hold the shares for 5 years. You will be very happy!
I was just over on the $INTC board and they were discussing what the best stock is right now, Smith and Son's Wagon wheel company, Eastman Kodak, or Intel......
Intel Corp (NASDAQ:INTC) shareholders rejected compensation packages for top executives, including a payout of as much as $178.6 million to Chief Executive Officer Pat Gelsinger, a regulatory filing showed on Monday. LOLOLOLOLOLOLOLOL!!! Pat is such a greedy CLOWN!!! Gotta sell more $INTC and buy AMD
Tout commentaire contraire à la réglementation en vigueur (et notamment tout commentaire à caractère raciste, antisémite ou diffamatoire) pourra donner lieu à la suppression de votre compte Yahoo.
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Gotta sell more Intel and buy AMD!!!
$intc only 2% near a 52 week low.
Gotta sell more Intel and buy AMD!!!
Gotta SELL more Intel and buy AMD!!!
Chip maker AMD said revenue from its EPYC server processor business more than doubled during the March quarter. In comparison, last week Intel (ticker: INTC ) reported 22% year-over-year growth for its data-center server unit for the same period.
AMD (AMD) also reported adjusted earnings per share of $1.13, compared to Wall Street’s consensus estimate of 91 cents, according to FactSet. Revenue came in at $5.9 billion, which was above analysts’ expectations of $5.01 billion.
Remember when we cheered when AMD overtook INTC ? AMD is moving to take on NVDA.
Now is probably a valley for Intel. Revenue and profit will start to grow as soon as in late 2022 or 2023. Be grateful for such a great opportunity to by $INTC shares at such a low price. Buy the shares for retirement or children or grand-children's education. Hold the shares for 5 years. You will be very happy!
LOLOLOLOLOLOLOLOL!!!
Pat is such a greedy CLOWN!!!
Gotta sell more $INTC and buy AMD
$intc 1.8 %
Morning has broken, the sun will glow.
Hey look at $INTC , a new 52 week low!
AMD back to $100 in no time