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Technology Stocks : AMD, ARMH, INTC, NVDA -- Ignore unavailable to you. Want to Upgrade?

To: Pravin Kamdar who wrote (46843)	11/2/2022 10:54:45 AM
From: Vattila	Read Replies (3) \| Respond to of 72212

Good to hear that you have found profitable trades in the miserable market we've had since last autumn. As you know, I don't trade — and I still hold all the AMD shares I ever bought since 1999. I've seen the valuation cut dramatically from the peak, which has been a bit gutting, but I still have good gains, and I think AMD remains a great long-term holding for my retirement. As Lisa Su says, the world will need compute, and AMD is well positioned. That said, I'm already semi-retired with little income, so the plan was to start taking some small profits from my AMD investment last year, just to balance the books. However, the share price dipped below $100, and I couldn't stomach selling so cheap. Then we had the retreat after the all-time-high with the Xilinx acquisition close to closing, so I couldn't stomach selling below $120. And with the further market collapse since then, I'm back to patient shareholding again, with no plans to sell any AMD shares for the foreseeable future (perhaps when we hit Mosesmann's target). Instead, I will take needed funds from other savings, which still are sufficient to sustain me for years. I remain very impressed by AMD's stellar roadmap execution. "Zen 4" is a great step, showing that AMD can do frequency and single-thread performance as good as anyone, while retaining impressive efficiency. And "Zen 5" looks to prove they can do wider cores as well, if SVP Mike Clark's hints are anything to go by. The RDNA 3 announcement tomorrow is going to be interesting, promising pretty competitive GPU products. Then there is the "Genoa" launch in the server space on the 10th, with "Bergamo" and Instinct MI300 to follow next year. And in the new year we will have Lisa Su do the CES keynote again, presumably announcing "Zen 4" in the mobile space, and probably V-Cache models for the desktop. So much to look forward to! This was Lisa Su's toughest quarter so far. I wouldn't be surprised if she reflected on where she would be if she hadn't closed the Xilinx deal earlier this year. The diverse business segments she has established have put AMD on much firmer ground, able to withstand market earthquakes that would have put the company in peril before.