155-178 since 1 July. Here’s hoping this is just a beginning 
What’s the main driver now? A rotation away from first-half AI winners that now look overbought? Upcoming product announcements/deliveries like the Zen 5 (any day now)? More AI traction with the instinct chips?
AMD 200 hear we come!
It’s down 10% today; all of July’s gains just got wiped out. 
We got a long way to go to get to AMD 200 now.
And more falls since then, now $141.16. Am thinking of buying a little more AMD for next Tuesday’s results. Lisa Su said 2024 results would be dominated by Q3 and Q4 earnings. I am hoping that AMD may have managed to bring some of those sales forward. They will certainly have a lot to talk about: Zen 5 performance and seemingly good pricing, Strix, MI300 + continuing Intel problems (though out of politeness they probably won’t mention it). AMD seems oversold with NVDA rapidly following suit. At this price AMD seems worth a punt ahead of results. Ditto NVDA ahead of their results if their price doesn’t warm up.
I should add that I was out of Nvidia at $119. Would buy them back under the right cirumstances.
Starting to run… with scissors (OW!)
