Interesting day as AMD was was 2 cents away from my $4 target and then the markets melted down, and between profit taking and the shorts joining the party it closed Even Steven @3.79. It is still my belief the institutions want to keep the price lower as they are not done buying. Lisa Su, we need some news to collect on the May $4 calls
AMD enjoys a rare market share increase R9 series graphics cards sees AMD claw back some market share from Nvidia. AMD's just happily shared some good news for the once leading graphics card brand. According to research firm Mercury Research, AMD's share of the discrete graphics market increased by 3.2 per cent quarter on quarter. This takes AMD's total market share to 29.4 per cent. Breaking it down further, this is made up of a 1.8 per cent increase in desktop graphics, to 22.7 per cent, and rather impressive jump of 7.3 per cent in discrete notebook graphics. That total share is no 38.7 per cent of the market. According to Mercury Research, this increase is based on a combination of the new R9 GPUs, and AMD's increased focus on driver development. So, out of curiosity, have any of you switched from Team Green to Team Red recently? http://www.pcauthority.com.au/News/419711,amd-enjoys-a-rare-market-share-increase.aspx
With semiconductors up this morning in a mixed market AMD is up on high volume and is what is needed for the bullish pennant
It seems like it will crash that resistance even with a glimpse of good market environment. It keeps going up close to 3.95 and overall negative market environment pull it back for now. I wouldn't mind adding more if we get another pull back. I could add Nvidia too. I think VR is the future. They just need to make frickin devices smaller and expand.
And cheaper too. I think I'm not the only one who doesn't feel like bying a product with such a limited capacity (for now).
It has been a hard climb to break $4 even with a market share leak today. There was another increase in volume to compliment the pennant but could be partly due to the big market reversal today. Never the less to breakout increasing volume is part of the cocktail.
Here is a little better breakdown on the GPU market share increase for AMD Tech site PCPer got its hands on the latest GPU market report from Mercury Research, and relays that AMD increased its market share, quarter-to-quarter by 3.2 per cent, to gain a total 29.4 per cent of the discrete GPU market in Q1 2016. It is noted that while AMD has achieved a decent gain, the Radeon range has, in recent history, enjoyed a much larger slice of the GPU market share pie. Breaking down the discrete GPU figures between desktop and laptop graphics results in the following table http://hexus.net/business/news/comp...pu-market-share-enjoys-slight-uplift-q1-2016/
Just out...This looks pretty positive for AMD which makes sense or they would not bring it out early New AMD Polaris 10 & 11 Details Hit The Web – 8 GB of GDDR5X Memory clocked at 7 Gbps What’s more interesting about Polaris GPUs is that they are supposed to make the ‘minimum VR spec’ more affordable for everyone. Roy Taylor, AMD’s Corporate VP, Content & VR, recently said in an interview with Ars Technica: The reason Polaris is a big deal, is because I believe we will be able to grow that TAM [total addressable market] significantly. I don’t think Nvidia is going to do anything to increase the TAM, because according to everything we’ve seen around Pascal, it’s a high-end part. I don’t know what the price is gonna be, but let’s say it’s as low as £500/$600 and as high as £800/$1000. That price range is not going to expand the TAM for VR. We’re going on the record right now to say Polaris will expand the TAM. Full stop. More http://techfrag.com/2016/05/19/amd-polaris-10-11-specs-hit-web-8-gb-gddr5x-memory-clocked-7-gbps/
This press conference could very well be the next catalyst for AMD. It has been range bound below $4 for some time as it is still under accumulation. AMD Announces June 1st Press Conference For Polaris & 7th Gen APUs – Computex 2016 http://wccftech.com/amd-announces-june-1st-press-conference-polaris-7th-gen-apus-computex-2016/
AMD rating is far from investment grade but it adds more reason for the institutions to buy Advanced Micro Devices' R&D Flexibility And Robust Recovery Rate Merit Better Credit Ratings http://seekingalpha.com/article/397...ust-recovery-rate-merit-better-credit-ratings
The leaks keep coming out as we get closer to June 1 and the $4 target AMD 7th Generation APU Lineup And Specifications Leaked – Flagship SKU Features 4 x86 Excavator Based Cores and 8 GCN 3.0 CUs AMD’s 7th Generation APU specifications leaked – 50% faster than Kaveri AMD is getting ready to unveil its 7th Generation APU lineup at Computex in a few weeks, but since our readers can’t wait that long, we thought we would post the specifications of AMD’s upcoming lineup of AM4 APUs anyways. The brand new processors will be landing in June along with the AM4 motherboards and will be the first to feature Excavator on the mainstream desktop platform. They will offer significant performance increases over the previous iterations of Kaveri and Carrizo (Mobility). http://wccftech.com/amd-7th-generat...res-4-x86-excavator-based-cores-8-gcn-30-cus/
The run today may have been because of a couple of leaks and then the Moody's credit upgrade. I wasn't expecting a big move until June 1 when the CEO talks. AMD was running hard without any big dips today until the broader market started selling off. Looking at the 1st chart the breakout has started on more than double the average volume (the other part of the cocktail) Up 4 cents in AH on 854K traded. My next target is 4.50 once it breaks the 4.25 resistance. AMD IS WORKING ON A BOLLYWOOD VR MOVIE http://vrworld.com/2016/05/23/amd-working-vr-bollywood-movie/
Up 11 cents in pre-market on good early volume. AMD To Present At J.P. Morgan Global TMT Conference; Webcast At 8:40 AM ET (RTTNews.com) - Advanced Micro Devices Inc. ( AMD ) will present at the J.P. Morgan, Global Technology, Media & Telecom Conference in Boston. The event is scheduled to begin at 8:40 AM ET on May 24, 2016. To access the live webcast, log on to http://ir.amd.com
AMD down on a combination of profit taking and the shorts trying to drive it down. I don't see a buying op at this point unless driven down harder. It would be a good time for some calls though
Yes, solid 2nd place after nVidia (as always)! Still impressive though, are we gonna see some competition some time in the future?
It is not about 1st or 2nd place even though AMD has taken back a little market share from NVDA. It is about TAM, VR, and APU's to name a few as AMD now has a foot print in China. I am not a NVDA hater but I am about reaping the rewards of AMD as it climbs the ladder. It appears the shorts may have walked into a bull trap as they pushed it down to 3.92 AMD Stock: This Is the Next Big Thing for Advanced Micro Devices, Inc. http://www.profitconfidential.com/s...he-next-big-thing-for-advanced-micro-devices/
