The Official AMD shares thread

[AtW]

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

Based on this AMD are toast at current share prices.

[AtW]

Oh Dear (tm)

[AtW]

“ AMD also reported earnings on Tuesday earlier than scheduled. It reported revenue and adjusted earnings of $2.80 billion and 41 cents per share, beating Wall Street expectations of $2.57 billion and 36 cents per share.”

Buying Xilinx for 35 bln too... all stock so no debt...

[scooterscot]

Good news = sell heavy signal to speculators

[AtW]

79.19 USD −3.04 (3.70%)

[scooterscot]

Sell my speculative hordes!

[Paralytic]

Sell my speculative whores!

FTFY

[northernladuk]

Sell my speculative hordes!

And that's not advice?

[scooterscot]

[scooterscot]

I'm reminded of that RBS ABN Amro takeover moment in 2007 right before the crash.

In a moment of extraordinary exuberance AMD just dried up their cash reserves at a time of uncertainty with a purchase of a dent laden company.


Chip dealmaking ramps up with AMD’s $35bn takeover of Xilinx

Advanced Micro Devices has agreed to buy rival Californian chipmaker Xilinx in a $35bn all-stock transaction, taking the value of semiconductor dealmaking to more than $100bn in 2020 in a blockbuster year for the sector.

AMD’s deal, its largest acquisition to date, will boost its ambitions to become a data centre powerhouse and create a combined company with 13,000 engineers and more than $2.7bn in annual research and development spending.