You can't read it and still have justification for owning AMD shares.
Efficiency? How much energy are they expending on trying to fix those product lines?
I can guarantee it's costing AMD revenues and profits. And by the time AMD has their problems fixed, the competition will be off in the distance.
0. Your quote omits his credulous repetition of the "priority access" lie.
1. He has no idea whether HBM2 will be limited in supply.
2. He has no idea whether AMD's problems with Fury are due to HBM1 itself or AMD's integration of it with the GPU core or with the core itself or with packaging. Nor does he have any reason to believe that nVidia will have the same problems.
3. AMD never has a one-up on any competitor, especially not nVidia, especially with Pascal coming out well before Greenland.
4. AMD will have no priority for securing "most of" anything.
5. AMD won't be getting any benefit from HBM2 "come 2016," because the earliest it will have any HBM2 product ready for market is late 2016.
Best information you can get without being an executive of the company.
I can't believe how easy this is.
You just know AMD longs have done that with their share certificates.
"AMD BK timeline will not be "accelerated" by the market decline."
Riiiiiight. Because economic slowdowns always improve sales of computers.
Please buy more shares. I like cash and have lots of gum wrappers after judging cheerleading competitions over the weekend.
You stink at it, by the way.
I've been hearing things like that since 2006.
Explain to all of us just what AMD is going to do to make this a 60% margin company again.
Did you buy today? Your cash is my prozac, sucker.
I WILL NEVER HAVE TO COVER.
AMD has no value. It's an empty convenience-store bag being pushed around in the storm. And you're cheering its resilience.
Keep buying, sucker.
Only where the unreavelling of the leverage is excessively dependent on a single trigger. 10X margin in the 1920s turned a simple fluctuation into a positive-feedback loop of margin calls and further decline. The circle of leverage and interest-rate derivatives and home loans in the '00s was similarly allowed to be over-leveraged on the premise that home loans are highly inertial, but when the derivatives all moved against their holders it unravelled all the leverage all at once. When everyone is investing on the same thing for the same reason, of course they're all going to panic at once.
This isn't that. People are presupposing a panic, but the economic instability isn't really there. I'm putting all my dry powder (and copious pile of AMD longs' cash) in play. With zero leverage and therefore zero risk of being ruined unless every company I'm invested in goes out of business. The rebound will double me up, easily.
Keep panicking, suckers. I pwn this.
So you're calling buying stock on margin a ponzi scheme, and all money funny money.
Just sell everything and walk away, Ace, you have forgotten how the economy works.
The rest of the market is irrelevant. AMD has no reason to exist.