Arg, I sold out of my position in $AMD in January after growing impatient waiting for Ryzen profits to show up. That proved to be a mistake, should have held onto my guns and thesis.
I bought AMD at $2.87 after someone on HN or Reddit (can't remember which) from AMD was discussing their new architecture and how it could be manufactured cheaper and was as performant.
Thank god someone spilled the beans; also incentives me read HN all the time -_-
I sold it far too early for the profits, not because I didn't have faith in AMD, but I thought Intel noticed, and they are going to make a move. At least by Intel's roadmap which there were already changing it the third of fourth time by then. It would have 10nm, better IPC and other Server oriented SKUs. They didn't admit XMM7480 was fabbed by TSMC until later. By mid 2017 it was clear to me Intel is nothing but giant elephant that doesn't know how to move. Its execution was appalling, and they have been able to make improved sales only via market conditions or lack of competition.
I didn't say I expected anything else. The point is it's not secret information that Jim Keller's Zen was going to change the landscape, people were shouting it from the rooftops. It was all just a matter of whether you believed them or not.
idk about shilled on /r/wsb.. The sub just loves volatile stocks and everyone was making money on it so people talked about it. For a while it was $IQ and in the days leading towards earnings it was msft.
Not a stock investor but AMD looks like a solid but for the next few years especially given the fact that Intel is in disarray and will be for a few more years. $100 amd shares by 2021 is not out of the question imo as I believe amd will reach at least 40 percent market share by then in the pc market and probably around 20-25 in servers.
Perfect buy was on April 25th, up 75% since then.