[On :freetrade:] Advanced Micro Devices - AMD 💻

Advanced Micro Devices, Inc. is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets.

https://en.wikipedia.org/wiki/Advanced_Micro_Devices

http://www.google.co.uk/finance?q=NASDAQ:AMD

Hopefully you’ll add soon

Thank you for all for your votes! We’ve now launched US stocks & AMD is now included in our Stock Universe :robot:

Feel free to create a new #investing-and-markets topic & share your thoughts about AMD’s future with the community :speech_balloon:

Noticed there wasn’t a thread on AMD yet. Has anyone checked out the Computex Keynote? Because as far as I’m aware it represents possibly the single greatest shift in the semiconductor industry since the early 2000s.

Things are really not looking good for Intel, and NVIDIA is now being severely threatened by both Tesla and AMD. AMD now leads in performance outright, not even just value, is leading the way on node shrinks and is not vulnerable to Intel’s security flaws. The next generation PlayStation confirmed to have Zen 2 + Navi, which on a 1.25 IPC gain and 1.5 perf/watt likely means we’re looking at a $500 console that is rivalling or exceeding enthusiast PCs that just a few years ago would have cost over $1000 using GeForce and Intel parts. Google’s Stadia is partnering with AMD while Intel is getting caught in a perfect storm of management departures, node delays and security issues. Much rests on its upcoming GPU capability.

This seems unbelievable to me but we could be looking at a sector leader in both CPU and GPU simultaneously for the first time ever. No one knows what that will look like.

Other highlights from the keynote:

Azure confirmed deployment of EPYC for its cloud applications and Rome SKUs to be launched later this year

Navi and initial Zen 2 products will launch in July.

6 Likes

An interesting view from Linus. He isn’t actually buying any stock but he goes through the positives/negatives of AMD and some of Intel’s position. I might buy a couple and see how they go. If AMD hadn’t got a history of crashing and burning I may have decided to take a better punt.

3 Likes

I assume this isn’t on free trade yet?

They are.

3 Likes

Just watched that! I think there’s a fair chance Navi will dissapoint, and personally I think it will at first, but a new architecture move away from GCN was necessary I think.

1 Like

Just found this as well, from the Anandtech coverage: image

If the 8C is at 65W, then that bodes extremely well for the lower Ryzen 5/3s in terms of clocks as well as TDP. Meanwhile you look at Intel trying to get an eight core running at 5GHz and start to realise the state of play (“Curiously, they wouldn’t reveal the chip’s TDP” hmm I wonder why. It will cost at least $500 remember and require a very expensive MB)

AMD has played the long game here that cores will be more important than clocks, and its working.

1 Like

Yeah it was good news all round & Dr Lisa Su is one hell of an executive - they’ve really closed the gap on Intel since she’s been in charge. I’ve been in for about 3 years now I think - but the chip market is so volatile and the crypto hangover was a real pain in the ass last year.

Nvidia & AMD are absolutely storming the chip market now but its hard to see how much more companies can push out of a CPU. I imagine everything will be running GPU’s within a few years

1 Like

Presumably why Intel pinched Raja from Radeon.

its hard to see how much more companies can push out of a CPU

If anyone’s heard of him, Jim of AdoredTV does really detailed technical analysis into the industry. He was the one that really pushed the idea of the Zen architecture’s core advantage becoming integral, especially as poorer yields at more advanced die sizes make binning/clock differentiation more difficult. He’s made a few videos recently covering chiplets and how they could be a feature of both CPUs and GPUs of the future for increasingly modularity and performance.

1 Like

Thanks for the link, I’ll read up on it later

Coreteks is good also, though not as technical, focusses more on company strategy and general developments in the market.

1 Like

Investing in tech is usually super risky because as a stock you’re only as good as your latest product, but AMD are really setting a roadmap to dominate. The nostalgic part of me wants to see the AMD of the early 2000s return and give Intel a good hiding.

3 Likes

Convinced. Went in at $27.11 earlier today. I stayed away from them earlier because crypto was distorting the GPU market.

Their share price has been very impressive, 10x in the last 3 years. While that rate of growth is unsustainable, I think they can take enough bites out of Intel and Nvidia to justify their PE ratio of 100+.

Is this a fair statement? It’s likely the Intel i9 9900K/KS will probably still hold the top spot at the price point, at least for gaming?

Interesting dichotomy, Intel still has the margin advantage & OEM’s do like their long standing relationships with Intel - combined with the historical advantage that Intel has offered I don’t think the shift will be quite as sharp as some people expect.

I think its more striking that AMD is just researching a much better pace under Lisa Su than it ever has (!?). They’re still a way behind Nvidia in a lot of areas in my opinion, but my days they are catching up fast, they’re really turning up the innovation heat in the industry - thats good for everyone

1 Like

I’ve been holding since $11 last year and I’m understandably kicking myself for not buying more, mainly because I knew about Ryzen, consoles etc.

The thing thats really interesting if you look at segment revenue (ignoring the increase thats obvious to see from Computing & Graphics), we’re yet to really see the effect of the data centre order book. Mind that NVIDIA sees this as a $50bn addressable market by 2020, and AMD has barely 10% CPU market share alone. If the trade war is still on by the end of the year AMD might start looking very cheap, especially compared to NVDA.

They’re both (Nvidia & AMD) superb companies in my eyes and ran by crazy smart people. Data centre market is really the driver of this industry IMO, the move to the cloud is a secular trend that continues to accelerate. People & companies don’t need or want expensive high performance hardware anymore, they’d rather rent it off others as & when they need it.

Its a tough market though, competition is strong this US-China nonsese is a kick in the pants

2 Likes