nVidia fans will be cheering as AMD starts to roll out new products that don't compete.
AMD pumpers will keep pretending that their $100 million quarterly losses won't continue forever.
Info from TheStreet below. This couldn't be more different from AMD's ER.
Earnings of 46 cents a share [+$250M] handily beat Wall Street's projections of 32 cents a share and was up from 33 cents a share it earned the previous year.
Revenue surged 13% year-over-year to $1.3 billion, also topping expectations of $1.15 billion.
"We are enjoying growth in all of our platforms -- gaming, professional visualization, datacenter and auto," CEO and co-founder Jen-Hsun Huang said.
During the recent quarter, NVIDIA entered into a $500 million accelerated share repurchase agreement and gave shareholders $62 million in quarterly cash dividends.
Separately, TheStreet Ratings currently has a "Buy" rating on the stock with a letter grade of A.
I've been shorting this stock since it was 42. My basis is still in the teens, loser.
1. Your claim that I am someone else is false. That shows you have no problem stating things you are totally ignorant of as though they're facts.
2. I will be the one with all the cash. You will be holding a fistful of gum wrappers with the AMD logo drawn on it in crayon, some of them not in a color of your choosing.
3. You have no authority to tell anyone to do anything, and no power to enforce your attempt to order anyone around, and no hope of winning any fight you or I might get into, of any kind. That is a rock-solid guarantee.
I suggest you rethink your attitude.
The Chinese IP deal, which was mischaracterized by the media, and will make little difference to AMD's bottom line, drew in some choice suckers.
They'll be bailing when they get enough data to make them realize how big a mistake they have been suckered into.
But their money is in my pocket and won't be extracted. I have no reason to give refunds to suckers.
I will never have to cover.
There's a giant pool of blood in the market. It's a little dried, since it started puddling there on the day Rory got fired. Lisa has found a new hype to replace his Bitcoins and Semi-custom. But it's still just an empty hype, and the "investors" are going to slowly come to that realization. AMD has no future.
Volume is average. So what's your next lie?
AMD gets #$%$-slapped by NVDA, and you think it's ghosts.
If by running scared you mean trying to make as many crayon-covered gum wrappers as your pockets will hold by COB, then yeah.
nvda can double
amd can not
it's already stalled on trying to double following the idiotic pump the Chinese deal gave it
the idiots buying this stock failed to do the math, though. they'll clue up when the effects of renting IP to Chinese companies turn out to be tiny compared with the huge losses AMD takes on bad chip projects
Polaris is only aiming at the "mid range" because it fails to excel in performance, and AMD has to cut the price to get the junk to move.
AMD's margins will be trash, and it won't sell any more units than it planned to.
Plan for another $100 million negative quarter for each of Q2-Q4. Beyond, it just gets worse.
False, no, and hell no.
What color crayon would you like your new shares in?
It has to rent everything. Super-expensive way to do business. That's how it loses 9 figures per quarter.