AMDs net income nearly tripled in 2021.
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TheDigitalJedi
Two days ago I purchased AMD shares at $99.85 per share. Today they're at $122.76. This is the 3rd time I've made a major stock investment with AMD. I've always kept my eye on them. AMD stock has been the most profitable for me personally. It is very sporadic. One must get in when it's low.
Dr. Lisa Su is the best thing that has happened to AMD.
Sith
BLEH!
I'm kicking myself I didn't (rather couldn't easily) buy a load of AMD stock when they were $1.50 a share...
Sith
cucaulay malkin
no wonder the markups are super high and consoles sell very well too
RED.Misfit
There is small errors in the news :
Net profit was $3.2 billion in 2021 (not 2018)
The Business, Embedded, and Semi-Custom division, which includes the EPYC processors and graphics cards for AI, the new chips for Tesla, and the chips for the latest Playstation and Xbox, among other products, had nearly double higher revenue (had lower revenues than the previous year : 2.2B in 2021 ; 1.2 in 2020)
I'll add that if you listen to their earnings report, they expect to "ryse", but they also expect a flattish PC market this year. So in the end they expect to mostly take shares from Intel in a "non growing" CPU/APU environment. GPU will remain tight the whole year, so we don't have to ask on that side what will happen.
BLEH!
Undying
Mind boggling indeed. When you think about it amd 5 years ago was on the edge of a bankruptcy and just to release zen arch.
Horus-Anhur
This has be one of the best comebacks ever in the industry.
Lisa Su should send a thank you note to Brian Krzanich, for slowing down development at Intel so much, during his reign as CEo.
Undying
Horus-Anhur
H83
DownwithEA
Making stock decisions based on forum posts from people you don't know is about as bad as investing in a company at an all time low simply because it's low.
schmidtbag
Embra
There going to have you use a huge chunk of it to be competitive with getting a share of chips from TSMC.
GamerNerves
I think AMD's rise was rather foreseeable before Ryzen 1000 series. It's just that people wanted to believe intentional rumours of the company going bankrupt or being sold rather than use their own brains (disclaimer: I don't own AMD stock or any other stocks). News that create big waves, those are the ones that count. It's already foreseeable that Zen 4 will be very successful if no major manufacturing issues or similar obstacles arise. How even RDNA3 can go wrong when the basis from RDNA2 is so solid? How Lovelace or Intel's Arc could be that much ahead if at all?
Denial
GamerNerves
Aura89
KissSh0t
Hey when you triple the price of video cards I guess there really is some sort outcome to that.