The Official AMD shares thread

[AtW]

97.21 usd +6.18 (6.79%)

come on give me 100!!!

[tazdevil]

Chip makers are doing good

Trying to source the bits for a new server and getting hold of AMD EPYC CPU's is proving difficult as is getting hold of the latest PCIe v4 barebone servers

[AtW]

96.65 USD +5.62 (6.17%)

[AtW]

"PT raised to $135 from $120 at BoA

PT raised to $110 from $107 at Mizuho

PT raised to $100 from $95 at Citi

PT raised to $110 from $100 at Benchmark

PT raised to $80 from $75 at BMO Capital

PT raised to $150 from $135 at Rosenblatt Securities

PT raised to $130 from $125 at Susquehanna

PT raised to $125 from $116 at Northland

PT unchanged at Jefferies ($110)

PT raised to $115 from $111 at Goldman Sachs"

https://www.reddit.com/r/AMD_Stock/c...sts_aftermath/

[AtW]

In the CPU space, AMD have feck all market share. Intel is the daddy.

In the GPU space, AMD are big players, but the massive gains in share price were driven by GPU mining of tulipcoins. Now that has died, who is going to be buying shed loads of high end graphic cards for PC's?

Answer - no one.

Based on this AMD are toast at current share prices.

HTH BIDI

"Computing and Graphics segment revenue was $2.25 billion, up 65 percent year-over-
year and 7 percent quarter-over-quarter driven by higher client and graphics processor
sales.

Client processor average selling price (ASP) grew year-over-year and quarter-
over-quarter driven by a richer mix of Ryzen desktop and notebook processor
sales.

GPU ASP grew year-over-year and quarter-over-quarter driven by high-end
graphics product sales, including data center GPU sales.
Operating income was $526 million compared to $200 million a year ago and
$485 million in the prior quarter. The increases were primarily driven by higher
revenue.

Enterprise, Embedded and Semi-Custom segment revenue was $1.60 billion, up 183
percent year-over-year and 19 percent quarter-over-quarter. The increases were driven
by higher EPYC processor revenue and semi-custom product sales.

Operating income was $398 million compared to $33 million a year ago and $277
million in the prior quarter. The increases were primarily driven by higher
revenue

[AtW]

Earnings look very good...

https://d1io3yog0oux5.cloudfront.net...ncial_1014.pdf

"In May 2021, the Company announced a $4 billion share repurchase program. In the second quarter, the Company repurchased 3.2 million shares of common stock for $256 million"

So that gets us floor for share price

Over 100 tomorrow?

[AtW]

92.25 USD +1.04 (1.14%)

Earnings next week, maybe will go past 100, maybe will go below 80...

[Whorty]

"Why AMD Stock Is Headed for $100

AMD shares could be headed for $100 based on the company's expected strong sales growth, taking market share away from Intel and a potential acquisition."

https://www.thestreet.com/investing/...trading-072021

What did our venerable expert analyst call for AMD price? I can't be bothered to trawl through, but wasn't it something like $30?

[AtW]

"Why AMD Stock Is Headed for $100

AMD shares could be headed for $100 based on the company's expected strong sales growth, taking market share away from Intel and a potential acquisition."

https://www.thestreet.com/investing/...trading-072021

[AtW]

"Analysts Expect AMD’s Server Market Share to Grow to 25% in 2022: More than Doubling in 12-18 Months"

https://www.hardwaretimes.com/analys...-12-18-months/