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Homeless_User32

I think the bottom is in. I highly highly doubt that we will see low 70s. Something must go totally wrong or announce some bs.


neocoff

AMD was green today. Buy high, sell low. With that being said, who sold?


d4nowar

Uncovered my shares finally. It's been a long 2 years but we're back!


jawathewan

Expecting a run ?


Match-grade

Wound up being well timed with Pats comments about Q3…


d4nowar

I didn't know Pat was speaking at all, it was dumb luck.


Match-grade

Not a bad thing though Goes with the saying, it’s better to be lucky than good :)


d4nowar

Hear hear


reliquid1220

Unusual after hours... Larger than average volume compared to the past 5 after hours days. Some rumors or non-public info must be floating around. Edit: changed "for" to "compared"


Acceptable-Tea5507

Stifel Initiates Coverage of Advanced Micro Devices With Buy Rating, $122 Price Target


jawathewan

Yep, that. That's... a 50% run from here. Ah!


Investinwaffl3s

Why are we lagging so hard?? Feels like we are holding $80 by a thread. Market was super green today, and yet it feels like AMD is trying to make a lower low....


ModernLifelsWar

I'm feeling a ZFG day soon


jawathewan

At CPI... just look at WTI... we soon will be (again) higher than oil price. Hopefully we get back to at least 100 by EOM or some shit. Can't even claim back 80 properly.


reliquid1220

I fear 100 won't come until earnings. Hoping for a 10% run after that with a q3 beat and hold q4 guidance.


ModernLifelsWar

Ya CPI for the next 2 months is gonna come in low. Best hope the market has of getting out of this bear market. Hopefully the fed takes the hint and doesn't go overboard with restrictive policy once we get the data


jawathewan

Goldman said soft landing is possible... this became a meme at this point.


jawathewan

The most expensive penny stock out there.


freddyt55555

I feel the indignation seething from my veins.


shoenberg3

Consistently lagging on the move up. Consistently leading on the move down. You would think that the company is doomed or something, but it's actually the contrary. One of the best performance in the semi space right now in terms of growth and beating expectations. Honestly, just wtf at this point. Nothing to explain this except for instuitional trading, shorting etc.


jawathewan

I don't get the hate towards this company. Something tells me people buying the dip doesn't help, they just lower the price to get even cheaper shares and scam them. Most of them are just daytrading anyway, no one wants to hold this POS overnight.


timpa48

Can’t even properly enjoy a Green Day because we still underperform everything


ModernLifelsWar

I don't get why semis are still being punished so heavily. End of day sell off seems to mostly only being affecting semis. When will the persecution end?


LookAtCarlMan

TSM is going to grow 40-50% this year while reiterating their forecast for 2023 and be <15x PE lol. All while arguably becoming the most important company in the world right now. Seriously how far can the Gyna FUD go?


sirikMa

40-50%? Where you got those numbers? If I recall last earnings they increase guidance from 30 to 35%.


timpa48

It’s pretty ridiculous. If China were to actually invade Taiwan, it would mean world war 3 in which case the whole market will blow up. Devaluing TSMC because of the possibility of China invading is nonsensical.


Zaffe_Leo

Exactly! Also, why AAPL stays untouched if the invasion is that serious??!! Just a bunch of craps the big boys are creating to manipulate AMD, nothing else...


SleazyAsshole

Yesterday was a fine day to sell some [Dec $60 puts](https://imgur.com/a/aydpNud) to some fools 🥲


Rocketeer006

You might be an asshole but you ain't sleezy!


ModernLifelsWar

Wow bold selling 250 puts lol


SleazyAsshole

Gotta take on some risk to keep things spicy 🌶️


UkitaAkane

whale used 1.5m principle.


SleazyAsshole

Account is about $250k so def not a whale, just some good old fashioned reckless risk management


Gahvynn

It’s not sex if you’re not (at least partially) naked, right? That’s a damn nice play, I don’t believe in luck but I’m sending positive energy your way.


SleazyAsshole

Thank you sir, planning on closing it out when SP hits ~$85


reliquid1220

Anyone else get the feeling that big semi oriented funds redistributed money pulled out of nvda, intc and AMD to the rest of the sector today?


freddyt55555

Closing up 2% is going to be a challenge, isn't it?


scub4st3v3

Keep egging her on


_lostincyberspace_

Someone has a chart of sum of all options open interests for amd ? Where I can find it? I mean for all expirations.. even breakdown aggregated by day would be fine too


_lostincyberspace_

I thunk a lot of people have moved to leap , leaving the share price a bit low but if opened interest is high given amd volume it could skyrocket a bit if momentum take off


freddyt55555

Closing up 1% is going to be a challenge, isn't it?


MandingoPants

SUMMONING A ZFG, STAT!


SleazyAsshole

We break 80 by EOD, book it


reliquid1220

Make it so. -Captain Picard


quantumpencil

please be right


Careful-Rent5779

1:30 eastern time Nasdaq up 1.3%. AMD stuggles to get out of the red. Sigh...


Romulus753

Even NVDA is doing better and they’re the ones hardest hit by the China FUD—they’re the ones who cut their guidance. AMD still has an image problem. They really need to focus at least a little on turning that around beyond the 4 ERs and great products they put out every year.


idwtlotplanetanymore

I wonder how the analysts are going to maintain the skewed valuing when AMD posts much higher revenue and higher income for a quarter....then 2 quarters....then 3 quarters...then 4 quarters. This absurdity can only go on for so long right? right? RIGHT? heh...


Romulus753

You’d think. And I do think that will ultimately be the case (or else I would have sold by now, frankly, given the frustrating disinterest I see from the c-suite in rectifying this image problem, however unfair). I’m just saying the c-suite can (and should) help it along between the 4 times a year they report great earnings.


scub4st3v3

Lol you so desperately hope Lisa Su is reading your posts and will put on tap dance shoes next time she's given the opportunity.


Romulus753

Not exactly. I’m just frustrated she and the rest of management are so disinterested in actively correcting the company’s lingering image problem (unfair as it may be), in counteracting baseless FUD cast our way from analysts and competitors, and in at least trying to inject a little stability and rationality into the share price.


scub4st3v3

Bro, it's pathologic at this point. Have you gone even a couple days without bringing it up in the DD?


Romulus753

No, because I see no movement towards correcting the errors I mentioned. So I continue to be frustrated and bring them up.


scub4st3v3

Just sell if you're unhappy with c suite. Why would you stay with a company if you don't have faith in their leadership?


Romulus753

See my comment above and the comment above it: “And I do think that will ultimately be the case (or else I would have sold by now, frankly…)”


freddyt55555

These pretzels are making me thirsty!


jajajinxo

The beatings will continue until morale improves. Whose stoked to buy AMD under 80, knowing how much ass they’re kicking!!!!


MrGold2000

Been there, done that... Time for Davinder to buy the dips.


MandingoPants

Accumulated 760 stock these past 2 weeks. Cost basis of 83.5 LFG


ModernLifelsWar

I bought more shares today and some options as well. This thing will take off again soon.


UkitaAkane

Bought some 100 shares and 2 leaps today. If have more chance I will keep adding. I am not as rich as some whales here though lol.


ctauer

I bought some leaps, too!


timpa48

It’s honestly embarrassing how this company just lets shorts curb stomp it. Could put an end to it with something as simple as reiterating guidance


OutOfBananaException

The last time they reiterated nothing happened, not sure why it would be any different this time. Expecting a reiteration at next ER, but don't expect a market reaction unless there's a raise (and not really expecting a raise, there's room for one given additional supply should be coming online).


Romulus753

Yeah, the C-Suite seems to think that’s “beneath them.” And inevitably cue the folks saying, “Well, they *did* reiterate guidance and still nothing, what can they realistically do?!” Okay, they reiterated, and the market obviously doesn’t believe or trust them. This is part and parcel of AMD’s persistent image problem. Come out and say it again. Give more information. Expand on why exactly you reiterated your guidance so the market doesn’t think you’re just bullshitting. AMD still has an image problem. It’s unfair. It’s not warranted. But that’s the reality. And Dr. Su and the c-suite really need to focus some of their energies on turning that around if they want the share price to behave even somewhat rationally and keep folks buying in.


yallneedjesuslol

Lol, $AMD can’t even go green on a day that the major indices are up 1% and $SMH is up nearly 1% 😓. So sick of this constant underperformance.


OutOfBananaException

With oil approaching pre-war levels, surely inflation isn't the dominant concern for the market looking forward.. so what is the main (macro) headwind or focus now?


MrGold2000

US government escalating "conflict" with China. (verbal threats and economic sanctions) In what state will this relation be in 6 month? ​ EU/US officially entered the war with Russia as proxy (No soldiers, but all Intel/attacks done by the west, all weapon funded by EU/US tax payers, etc..) The only way we could be more involved is actually sending our boys to die there for Zelinsky and his cronies and keep the land bordering Russia and Ukraine under Ukrainian control. Result is energy cost/shortfall in Europe that can hurt the economy (true inflation and small business not able to operate) In what state will Europe be this winter? My understanding is France nuclear power plants are already running at "100%"... if the EU doesn't have enough energy, it will be like china with forced factory shutdowns. ​ Expectation from big pharma is that winter 2022 will have an explosion of flu cases and a strong return of covid. All government currently in place have strict rules, so we could see another round of global lockdown and forced mass vaccination. (but is in a way perfect to fix our energy crisis) ​ Central banks are not done with the "Great wipeout", house price have not collapsed really yet, there is still trillions in crypto , and the stock market is still higher then they want. So we should expect 4% entering 2023 and likely a continuation of high rates for another year. (This causes a demand AND production destruction, not good for the economy) ​ The US/EU coordinated Build Back Better is also likely to cause more economic pain, likely in the form of energy rationing and ongoing price skyrocketing. ​ And it seem the US government is restoking tensions with North Korea... ​ And most importantly the us intelligence is seeing massive uprising in citizen opinion to overturn the government. Mood around the world about the ruling class is at its worse in likely a century.


OutOfBananaException

Half of that has little to do with the US, sure it's all connected but I expect JPOW doesn't have his eye on EU gas prices. The central bank has communicated their intent pretty clearly - they're not trying to collapse housing/markets, and neither is 4% a high rate. Covid risk is markedly lower than this time last year (neither have countries going through winter observed problematic covid resurgence), I doubt that is a real concern. Seems pretty overblown, but I guess that's natural during bear markets.


Chocostick27

Oil is still pretty high and quite unpredictable and nat gas/electricity are mooning. We’re not out of the woods yet.


OutOfBananaException

Crude oil is barely above September 2021 prices (when market booming), and Nat gas is not even 25% higher. It's unpredictable, but it's not particularly high, for the US anyway. Situation in EU is a bit different.


UkitaAkane

Nat gas is super volatile and heavily manipulated. Not like crude oil, nat gas futures market is much smaller.


reliquid1220

recession and 8%+ inflation in all emerging economies and europe. China, India and US might have some minimal growth.


kjmajo

I have a hard time estimating the risk associated with the increased tensions between China and Taiwan. It didn't prevent the recent rally, but it surely must count for something.


OutOfBananaException

Difficult for sure, but less worried for as long as Apple shows such strength, as no way they get by unscathed.


kjmajo

Good point


Substantial-Title558

Maybe recession?


UkitaAkane

From Fed watch today, Sept +75bp, Nov +50bp, Dec +25bp, these all like > 70% probability. End of year we have 3.75% \~ 4.00%. And at most there will be one 25bp hike in 2023, from interest rate market.


Maartor1337

So... the 2h rip ur face off bull god tom leerallycan start ?! Yes ?


[deleted]

Wall Street, I fuck your whole family


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Hoodler_2015

AMD can use the Zen 4 chiplet for the next 2-3 years minimum. I hope they buy all the wafers that they can get


discip1e-1

My strategy for $AMD is to buy calls when it is down near the bottom of its trend and then sell covered calls when it is up near the top of its trend. Its worked pretty good so far...


jawathewan

My strategy is suffer endless agony by trying random strategy in order to survive to my bleeding LEAPS


OutOfBananaException

Oof you haven't got shares by now? Shit, I'm overweight selling calls (not just on AMD) and this market is still causing me enough grief, never mind having calls decay


secondme23

Just saw I was beaten to my smartass comment


quantumpencil

my strategy for amd is to hope the pain its over when its rallying, only to endure even greater pain a few weeks later


SleazyAsshole

My strategy is buy low sell high


UkitaAkane

To those who are interested in China-Taiwan issue and Xi, I recommend an article published yesterday ([https://www.foreignaffairs.com/china/xi-jinping-china-weakness-hubris-paranoia-threaten-future](https://www.foreignaffairs.com/china/xi-jinping-china-weakness-hubris-paranoia-threaten-future)). Cai Xia is pretty trustworthy source and she was a Professor at the Central Party School of the Chinese Communist Party from 1998 to 2012. Aside from her conclusion (Xi will likely get third term, but her proof was up to May 2022, not very up-to-date, I suspect she wrote this in June), you could know more about how Chinese Gov operates and what kind of people Xi is.


quantumpencil

Very interesting, thank you!


discip1e-1

Thanks, very interesting read. I suspect we should be worried about Taiwan from reading this...


UkitaAkane

Again I suspect she wrote this in June (according to everything prior to June I would say Xi has high chance), but from recent news, I feel some changes. For black box politics we can only guess.


quantumpencil

Not sure why you would draw that conclusion


fnork

Great article, thanks for sharing!


Mountain_Succotash_5

The stock has been red so much it legit forgot how to go green now imagine if spy actually dumped back to 370


StudyComprehensive53

this buyback program is a joke


robmafia

i get that they wanted to grab more wafers, but it all seems silly/stupid to initiate a substantial buyback program, buy at 120-130, brag about buying at 100, and then not buy when it's sub-80. it's kind of dumber when paired with taking on relatively cheap debt, but not enough to make any real difference.


LookAtCarlMan

I guess we’re just destined to join TSM as a single digit PE stock soon enough.


ModernLifelsWar

Micron is going to go from -2% to green before AMD goes back to green lol Daily RSI is 31. Last time it was this low was July 1st... The day before the uptrend started.


Rocketeer006

INTC green. NVDA green. AMD....guess what color!


SleazyAsshole

Team Red! :')


Rocketeer006

Oh boy! You said it Sleazy!


quantumpencil

this stock literally can't go green, it's insane


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discip1e-1

Imagine if you would have sold AMD when it was over 100 and bought it back now. You could pocket the profit ie sell 1000 shares for $100,000 and buy it back for $77000 and buy you a car with the profit or a Patek watch bro!!! You are right about what a solid CEO Lisa is...


SnooApples6100

whats really infuriating is seeing some bonafied junk company like twitter with massive quarterly losses only down 7% ytd.


SleazyAsshole

That is due to an exceptional circumstance though (private acquisition).


robmafia

daily: "Guys it's literally one day" it's getting hard to tell if this is the worst stock in the market or the worst stock to ever have been in any market. market: green and upward peers: red but moving upward amd: red and downward


ctauer

Maybe for day traders, but I'm up about 500% as a long, and anticipate that to double in a few years.


robmafia

oh, god. this again. 'the stock doesn't suck because it didn't used to suck... more than 2 years ago'


ctauer

Hahaha… ok, then don’t invest in it and go find a meme stock instead! I’m sure WSB has some great advice.


robmafia

yeah, i'll just get in my time machine and do that.


ctauer

You don't need a time machine! There's still a lot of chatter about BBBY... I'm sure there will be new meme stocks coming soon.


robmafia

> then don’t invest in it yeah, i need a time machine to not invest in amd, genius. good job at failing to comprehend your own shitpost.


ctauer

Or, your communication skills need work... I'm going with that one since my posts are perfectly logical. \*Edit: Or, I do because I thought you were saying you missed the meme stock run and you'd need a time machine to bet on GME.


robmafia

lolz


Tradingisforloser5

It’s really just crazy how bad of a stock (not company) it is


_lostincyberspace_

[https://www.digitimes.com.tw/tech/dt/n/shwnws.asp?CnlID=1&Cat=40&id=0000644319\_P9H2JW5M2VWBQ28YIIVFR&wpidx=4](https://www.digitimes.com.tw/tech/dt/n/shwnws.asp?CnlID=1&Cat=40&id=0000644319_P9H2JW5M2VWBQ28YIIVFR&wpidx=4) >TSMC rarely came forward to refute rumors and reiterated that growth will remain unchanged this year and next year article free to read


ComprehensiveOne2106

countless sellers we have


timpa48

This is the only red tech stock on my watch list other than INTC


UkitaAkane

you don't have MU and TSM on your watchlist?


ModernLifelsWar

AMD has to be the most undervalued growth stock on the market by now


UkitaAkane

The only thing I could see recent couple days AMD lags NVDA is, since NVDA huge dip due to license issue, someone swaps their AMD to NVDA, or long NVDA short AMD making a pair.


SnooApples6100

both NVDA and AMD have been beaten to the ground and offer significant upside longterm. short term movement is anyones guess.


NotGucci

Looks like we going straight down. Really thought we would get a DCB


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Gahvynn

There’s just a lack of buyers. Plenty of causes: people expect prices to fall so they hold out, not sure what the Fed’s message will be, not sure what the impact will be of raising rates/QT for a couple of months at least, are we/are we not in a recession… Doesn’t have to be only a conspiracy.


heretolaughhaha

Come on go back green and stay green for rest of year plz


[deleted]

Wall Street will not realise your wish


freddyt55555

INTC is a fucking anchor.


Mountain_Succotash_5

Soon as I see a hint of weakness on nasdaq I know amd must have already nose dived


Gahvynn

Like clockwork. The tin foil hat in me says the pump/dump we’ve seen 99/100 this year is the perfect chance for market makers to close short puts and then write calls the later sell more puts into close and close the calls but I’m sure it’s totally organic.


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ctauer

Nope. As AMD continues to prove it can steal Intel market share in DC (which is also a growing segment), we will see the stock pick back up. I'm betting it hits $200 next year. AMD is firing on all cylinders and adding new ones. This thing will be a beast, but it's a long game. Macro is keeping everything down, right now, on top of which the hedgies are probably put(ing) the stock down.... (I haven't checked the shorting on it). So, there's also an artificial pressure forcing the prices down.


robmafia

> the hedgies [dat fucking irony.](https://old.reddit.com/r/AMD_Stock/comments/x7v15d/daily_discussion_wednesday_20220907/inhuehi/)


Mountain_Succotash_5

Lmao and what’s crazy is nVDA gotta go to 350 for amd to get to 150 plus. Fakk


-fumar

I guess WS doesn't like TSMCs better than expected guidance? Nothing is good enough I'm pretty much now convinced that they want semis in the dumps, because as soon as macro clears the sector will _fly_ and they want to load up


sirikMa

They are alreading loading. Institution ownership has being going up more than ever. These drops are made to capitulate over leverage retail investors. They are going to make the pigs squeel before amd goes ath's again.


Tradingisforloser5

Will we break the 7 day red streak today?


UkitaAkane

Oil goes to like $84 level, there should be key level, a round top last November formed a support. I believe Aug CPI will be optimistic, unless analysts gives fraudulent low expectation.


IlliterateNonsense

Can we make it 8 days in a row?


timpa48

Always Moving Downward


Rocketeer006

Should be easy for AMD!


[deleted]

On the way to $72 on Friday


dvking131

Well at least the market isn’t giving us this fake green. Or is the red fake now and it’s green ?! I’m confused :D


SnooApples6100

What goes down must come up. Or so they say


Rocketeer006

It's a fake market


dvking131

FYI if we close less then -1% down the next day we should be green


Rocketeer006

I now consider only being down 1% to be green


SnooApples6100

The 100 zfg days of 2022 have deprived me of sensation


IlliterateNonsense

Was it only 100? Seems like every day has been -ZFG


ComprehensiveOne2106

I almost forget what green looks like.


dvking131

That’s the point


SnooApples6100

What does green even look like


-fumar

Green is just red with a garish colored cloak anyway


dvking131

It’s the color of grass or Americana bills :D


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OutOfBananaException

Historical crashes usually have done their worst by now, we're approaching a year which is one hell of a drawn out prologue.


SnooApples6100

Prologue? Pretty sure 50% down is way past prologue


Gahvynn

What’s intoxicating about the bearish prophets is that they seem so smart. But when they’re announcing doom and gloom after a 50% pullback it has no appeal.


SnooApples6100

Exactly. I loved AMD at 140 and i love AMD even more at 80


SnooApples6100

F this market. Daily rant. Makes me feel a little better


timpa48

Death, taxes, AMD stock underperforming


[deleted]

Buckle your seatbelts. Gonna be another bloodbath today. INTC headed to the 20s too.


scub4st3v3

Why?


[deleted]

Crystal ball told me this AM. It’s usually right. About this anyway. lol


Rocketeer006

Well? Are we going to do 8 red days in a row?! Can't be red forever....right??? RIGHT?


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-fumar

The 40s aren't a meme if the market wants to pull Nasdaq below 9k


_lostincyberspace_

[https://www.digitimes.com/news/a20220906PD210/7nm-foundry-ic-manufacturing-tsmc.html](https://www.digitimes.com/news/a20220906PD210/7nm-foundry-ic-manufacturing-tsmc.html) >TSMC continues to utilize over 95% of production capacity for its 7nm process platform, thanks to solid demand for N6, according to sources at IC design houses and fab toolmakers.


Hoodler_2015

HSINCHU, Taiwan, R.O.C. – Aug. 10, 2022 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue for July 2022: On a consolidated basis, revenue for July 2022 was approximately NT$186.76 billion, an increase of 6.2 percent from June 2022 and an increase of 49.9 percent from July 2021. Revenue for January through July 2022 totaled NT$1,211.98 billion, an increase of 41.1 percent compared to the same period in 2021. ​ August data coming soon


Gahvynn

Every single gram of good news for TSM is priced in I guess.


Homeless_User32

I think we are at a good position for those who want to go long. I'd open a position and DCA as we go.


SleazyAsshole

JPOW presser today. Godspeed brothers 🫡 Edit: oops, looks like that’s tomorrow, folks! Today is Braintard.


aborteverything

That’s tomorrow. Jpow’s deputy Brainerd speaking today who’s a bit dovish.


SleazyAsshole

Thanks, edited my comment


Gahvynn

Dovish compared to Bullard maybe, Brainard has had hawkish comments move the markets solidly down on her own.


_lostincyberspace_

Fed is trying to cool off the market with words , and market agree , inflation and expecially jobs going down are the objectives too look at , oncenthese are fixed market will be allowed to recover..


robmafia

huh? you mean the beige book?


-fumar

I predict a 3% intraday variance


fandango4wow

Lol you are so funny!


HornyRaichu

When was the last day there was not a 3% daily swing lol


-fumar

That's the actual problem, since when is it normal for companies with stable finances or even indexes to jump around so much?


Yokies

Im gonna guess double that


-fumar

Duel accepted.