CES: announcements

Stocks A to Z
1

video of the event which I haven’t had a chance to watch. stock moved nicely though :slight_smile:

now we wait for benches

For the record, until we’ve had a chance to test these processors out ourselves, we’d warn against declaring Intel Meteor Lake dead and buried before it ever even seriously launches, as we can only report on the numbers AMD has put out itself at this point, which are naturally going to cast its new chips in the most flattering light possible.

RECOMMENDED VIDEOS FOR YOU…

0 seconds of 15 secondsVolume 0%

PLAY SOUND

Still, there’s reason to believe that AMD might genuinely have an advantage here, and that’s the nature of AI accelerators. Unlike your more traditional processor, AI chips are based on hardware that has long powered graphic processor units, whether in the best graphics cards or the best processors with integrated graphics. The nature of the rendering architecture in GPUs are much more conducive to convolution network calculations than the main CPU, and AMD definitely has a much stronger GPU division than Intel does at the moment, as well as many more years of experience with GPU architecture.

This is naturally going to translate directly into an advantage, at least initially, in AI workloads for AMD’s architecture than Intel’s as the new AMD processors are running AMD’s most advanced mobile graphics architecture (RDNA 3) which powers the company’s Radeon 700M series graphics.

What’s more, AMD claims that it’s new processors are also far more energy efficient than Intel’s competing chips, with its Ryzen 7 8840U getting about 81% better performance per watt at office productivity tasks than Intel’s Core Ultra 7 155H. Of course, none of these numbers can be verified until we get our hands on both processors (or at least a couple of laptops running the new chips).

No matter what, the new mobile processor announcement has officially put Intel on notice that AMD is not going to let it wiggle out of the market bind that a resurgent AMD has put Intel in, and if Intel hopes to successfully leverage it’s new processors to re-establish its position of near total dominance of the laptop market, it is going to have to fight for it.

1 Like
2

I just got out of AMD at a triple. I may have left some on the table, but I am going to start taking excellent profits for a change. Just 300 shares.

2 Likes
3

You have a track record of getting out at near tops so this might be one. Am personally hoping for a more permanent break through 150 though then again the results for Q4 are out somewhere round the end of month, so perhaps worth waiting to see what the very early MI300 sales are like.
Good luck with it though.

4

Thanks for the kind words.

No, I have a track record of getting out at the top. Missing the peaks has bothered me, but I’ve really never been bothered by getting out too soon except one time when AMD went from $1.70 (when I bought 1,000 shares) and expected it to retreat from $2.70 a week later. That cost me $50,000. But the times I didn’t buy after the peak and watched it all disappear, those plague me today. I really have a track record of buying at good times. Exits are much harder for me.

I sold all my thousands of shares of AMD in the upper 50s, reinvested in dividend stocks to make my wife happy (good decision), saw it go up to the 90s, fall below my sale point, and bought 300 shares a few years ago. I am mostly accumulating cash as I fear a total market bubble even though the Fed and Biden seem to be managing the economy very well. I am also more invested in dividends as we have enough money to support us the rest of our lives. But I’ll certainly reconsider returning to AMD if there is a short term opportunity. If things go as I hope and kind of suspect, we’ll see another retreat, I’ll buy more than I sold, and then sell after AMD has established $150 as a floor.

I really wish when AT&T split I’d sold off WBD immediately. Then I’d be much better off. But if I’d sold AMD above 90 20 odd years ago, we’d be living in Pacific Palisades instead of Camarillo, own a much more valuable piece of real estate, and have more money in retirement. On balance, I’m up about a million dollars in my investing. But if I’d been better, it could easily be double that. Not genius, just better. That did buy us several years of early retirement between jobs, so I’m not complaining.

Fool on!
Richard

1 Like
5

That’s what stop loss orders are for :slight_smile: at least in my simplistic little world. I think I will never deal with options, covered calls etc…

6

“I just got out of AMD at a triple. I may have left some on the table, but I am going to start taking excellent profits for a change. Just 300 shares.”

Nobody ever lost money taking a profit. :slight_smile: In your situation I might have held on to 50 shares. Hard to be out of the game altogether. But a triple… dang. How long did you hold?

7

I think most if not all of the MI300 product in Q4 is going into El Capitan as MI300A. I don’t know when they get to realize that revenue. Q1 will be much more telling as that will be more of the MI300X targeted at AI systems.

1 Like
8

About 15 months, looking at the original purchases, and about 2.7 times, not a full triple. Now I have plenty of cash on the sideline for the next time I feel like I know a good buy. Most of that cash is from high dividend stocks that dropped from when I bought them. Actually leaving cash accessible is also appealing if the kidney transplant happens this year.

2 Likes
9

Er, high dividend stocks that I could not auto-DRIP, for reasons involving many words I did not not understand.

I really should not attempt posting after I’ve taken my sleeping pills on a dialysis at 6:00 AM night.