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Reply to: The Official AMD shares thread
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Previously on "The Official AMD shares thread"
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Originally posted by DimPrawn View Post
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
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Originally posted by DimPrawn View Post
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
Intel market cap - 192 bln USD
AMD market cap - 114 bln
NVIDIA market cap - 948 bln
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It's uncanny isn't it how price always goes in the opposite direction to what he predicts.
Maybe he'd do better wearing a pair of these to do his chart reading:
Upside down goggles
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"AMD to $10 - bearish divergence
Updated Nov 9
Oct 11 Trade active: Only $46 to go until target.
Oct 13 Comment: If there's a significant sell off today there might be a cheeky change to take a long position from $42 back up to resistance.
Nov 9 Trade active: Be ready for a -20% move.."
https://www.tradingview.com/chart/AM...sh-divergence/
72.37 USD +3.90 (5.70%) today
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Originally posted by AtW View Post
https://wccftech.com/all-amd-powered...it-powered-on/
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