What "great products"?
AMD isn't innovative. It can barely come up with an idea like "CPUs went from 8 bits to 16 and then 32, let's try 64!" And if Intel hadn't been deliberately trying to do that with a whole new architecture that went naturally to 128 and 256 on its own, instead of keeping the zombie x86 alive another decade, AMD would have vaporized in 2003.
Once AMD is paying others exhorbitant rent to fab products on aging 14-nm lines, Intel and QCOM will be selling chips made on 10-nm lines.
AMD isn't worth 1% of Intel.
AMD has decades-old debt and no cashflow. It's bleeding jobs.
Lisa Su can't tell if it's going to be in business in 2015. What makes you think you know it's going to have an excess of money in 2016?
There are thirty companies making chips using ARM cores, and half a dozen making cores that aren't ARM or x86.
Why do you think that there's only one? Or that AMD has to be in business to be a foil to them?
Intel has plenty of competition. AMD has done a good job of making sure it's not themselves.
HFTs account for almost no recorded volume, and you have no idea whatsoever what their record is. You can't even tell what AMD's record is.
Don't worry. Nobody does. He has to follow himself up on most posts.
That's it, then. nicoboy calls for AMD bankruptcy due to overestimating the value of tiny wins.
Last time a major semi co made a COO into a CEO, Craig Barrett almost ruined Intel.
The layoff turns 15 months of GAAP losses into non GAAP charges. Clear attempt to game results to meet estimates.
Haw. Shorts covering AMD are freaking amateurs. Brokers love the churn. I love the artificially inflated price.
Keep buying, suckers.
I will never have to cover.
AMD has never really understood the semi biz. Their expert at finding idiots to fund their failure, though.
Potentially a billion, over 3+ years, in lieu of other business. And the layoffs and location closures mean they lost other business they know they can never replace.
You're cheering a McDonald's for having a new breakfast menu item.
Did I say that? No. Your reduction of my words eliminates all sorts of leverage with less sneaky downside. A simple OTM call option can give you almost all the return of margined shares and limit your losses rather than amplifying them by 100+%.
There are better ways to leverage the market than margin. Paying interest, losing all your principal in a 50% haircut, and still owing every nickel you borrowed is a bad bet. Something you only do when you know upside is a lock and downside is impossible.
The volume on those options is twice the open interest, and the open interest represents only 1.5 million shares, or less than 5% of a day's activity. Nobody is spending 9X the premium to manipulate the shares, which would take a lot more than 5% of the volume, to save a couple of pennies on options they took out on a flyer and have lost 50-90% of already.
Check your paranoia.