I think it's a good long-term hold. I'm long although my cost basis is somewhere in the 40s. My thesis is that they will eventually regain their process technology edge and at least match TSMC in terms of process node / capability. They still have the best gaming CPU even with process tech disadvantage. If you don't believe that, then don't own the stock. If China screws around with Taiwan, INTC will be up huge overnight.
Is that right ET180 about gaming CPU? I thought AMD had surpassed them with the Ryzen awhile back, but admittedly do not pay much attention.
Interesting. Didn't AMD have the lead, at least for a little while? I could have sworn they did, although maybe everyone was just so happy AMD was not getting blown out of the water like they were for previous generations of chips.
AMD did have the lead for a while. Their server and many-core Epyc parts might be faster than Intel's due to higher core count. But that won't really help gaming which usually only uses a few cores at most.
So what price would you buy at? Revenue seems to be down 13% TTM compared to the last full year. That hardly seems like an apocalyptic loss of market share to me. Income is still positive. Operating income is more than 3X of AMD. Revenue is about triple that of AMD. Profit margin is better too. I have an open buy order somewhere around 24.
hmmm. Support level 43 was broken decisively. Now the price will hover around 12 to 37 for many weeks/months/years until there is a major change in top management. bigger picture. All semiconductor stocks (AMD, MU, INTC, NVDA ...) exhibits a similar pattern. They peaked around the end of 2021.