Seems with the fact that AMD will be profitable this quarter, AMD in the new XBOX and Sony Playstation, and the fact that Nvidia, Samsung, NXP Semiconductors, or Taiwan Semiconductors could easily make a bid to buy the company in the next month or two before the company returns to profitability could be major reasons why this stock should turn significantly to the upside.
AMD makes the best chips for the consumer market because they are affordable, although not as fast as the best of Intel's line. IMO, I would rather buy an AMD system than an Intel system because 70 percent of Intel's max performance can be purchased for 1/3 to 1/4 the cost of an Intel chip.
And just think, last iteration of the gaming systems, Sony sold over 3.5 million units in 1 month. Just think, both Sony and Microsoft are coming out with their new systems in November, and AMD chips will be in every one of them.
I agree this stock will rise... During gamestop's conference call CEO Paul Raines was quoted saying it was going to be the "Largest console launch in history". This is important because gamestop CEO's know the preorder numbers for these consoles and to say something that bold he must of been impressed with the preorder numbers. I have heard rumors circulating that some store have sold out incoming inventory and have been forced to buy more to keep up with demand from preorders alone but the has yet to be proved so it is still speculation