[quote]
AMD predicted second-quarter sales on Tuesday of roughly $6.5 billion, compared with an average analyst estimate of $6.03 billion. That helped the shares up as much as 8.3% in late trading.
The outlook helped allay concerns that the chip market is slowing — and signaled that AMD is making further gains on Intel Corp. The company, which for years lagged far behind Intel in computer processors, is on pace to end 2022 with almost four times as much revenue as in 2019. New products and better execution have helped AMD win over customers who were once skeptical about its capabilities.
AMD’s outlook contrasts with a recent forecast from Intel, which was hurt by an accumulation of inventory at some of its PC customers. The return of Covid-related lockdowns in parts of China also has squeezed the supply of components needed to complete devices, Intel said. Other chipmakers, such as Texas Instruments Inc., have said those disruptions are hurting growth as well.
AMD’s forecast includes a boost from its acquisition of Xilinx Inc., a deal it completed in the first quarter.
“Each of our businesses grew by a significant double-digit percentage year-over-year,” AMD Chief Executive Officer Lisa Su said in a statement. Growth of the existing business and the Xilinx acquisition have both contributed to stronger full-year expectations, she said.
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So are you putting more money into AMD or similar stocks at this point? Sounds like a screaming deal right?[/quote]
No, because I still have a few shares that I bought around $12…if I held on to all of those and the ones that I bought under $3, it would have bought a heck of a lot more rental properties even at today’s prices.
That was another example of an opportunity of a lifetime since most people wrote them off for bankruptcy before Dr. Lisa took over But I was happy selling some at $25, then really happy at $50 and then really disappointed that sell half strategy each time sort of didn’t work that well when it went over $100, since I didn’t have as many shares…. But as the saying goes, better realize a smaller capital gains than realize a larger capital loss carryover.
Again, you’re really fixated on one hit wonders, while I think most of us are just mostly doing DRIP style regular investments into index funds ….. That’s what I’m doing right now even this day bimonthly contributions to index funds… Take the guesswork out of trying to always be right and in the end falling behind my peers …over the past 20 years….well, with the exception of my kids 529k and custidian investment account. That’s sitting 60% in cash right now since (hopefully) we will start using it in 2 years and we don’t think we will need more than what we accumulated and grown for college, and hence don’t need to take on higher risk for higher returns at this point. We’ve reached our financial goals for saving/investing for college. Actually, given how well things have worked out for the past 20 years for passive investments, we’ve exceeded our goals for college. Of course the irony right now would be if my kid goes to a 2 year JC first or gets a merit scholarship because then the question will be what happens to the 529 account lol. But at least the custodial account can go towards a new home purchase out of state or a good down payment in state..[/quote]
After losing so long he so desparately wants to feel like a winner but alas there is no gold medal at the finish line for him. All the while my dividends roll in and get reinvested to buy even more when we get pullbacks. Smart long term investors win both ways and build wealth over time. They dont buy gold teeth to melt down at the swap meet to make a gold participation medal
