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AMD Stock Sets All-Time High. TSMC Outlook Gives It a Boost as Does Belief in Its Upside. (finance.yahoo.com)

submitted 10 months ago by Buffalox@lemmy.world to c/amd@lemmy.world

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[–] Buffalox@lemmy.world 12 points 10 months ago (2 children)

IDK if this is OK to post here, or it's only the tech side.
But it's impressive to me that AMD was near bankrupt 8 years ago, but since the Ryzen reveal in late 2016, they have really turned AMD into a very profitable company, ensuring we have strong competition in many markets. Now AMD is having yet another record run, based on their new AI products.
If you have ideas on how the future of AMD will be from a product and financial viewpoint, please share. 😀

[–] Kalkaline@lemmy.zip 5 points 10 months ago (1 children)

I always feel like a damn genius when I look at my purchase of NVIDIA and AMD stocks, but then I look at my red picks and realize I'd be behind the S&P 500 if I went all in on my individual stocks.

[–] Buffalox@lemmy.world 4 points 10 months ago* (last edited 10 months ago)

Same here. Our AMD is today at 103% profit. YEAY ;)
We only have a tiny portfolio, but I have somehow managed to choose 3 other stocks that are still in the red, after I thought I bought them at the the bottom, but then they fell a lot more.
But with the AMD stock, we are pretty nicely in the green anyway. Quite funny since the experts said, don't buy AMerican, and don't buy tech. And that's the only profit we have. LOL

[–] CCMan1701A@startrek.website 2 points 10 months ago (1 children)

Yeah, I got AMD years ago and joked with coworkers we should pool out money to be a majority holder when it was at $2, but realized we don't have money and could only invest 2k lol

[–] Buffalox@lemmy.world 3 points 10 months ago* (last edited 10 months ago) (1 children)

I hope you bought some anyway, those are worth 80 times that today. 😱 🤪
I told my wife when Ryzen was presented late 2016, that it was an opportunity of a life time. It was around 8 at the time. We had never bough stock before, and the few days it took for us to make a trade account, it had already increased to above 10. We didn't have much to invest at the time, but the AMD stock helped us to be able to buy a house.
When we had scraped a little bit together again, My wife OKed that we bought a small portion again, because I thought AMD would be the closest to compete with Nvidia on AI, and as far as I could tell, they had very competitive FP units already with the Radeon RX480. They just didn't have the economic strength to compete head to head with Nvidia on AI at the time.
Even if AI came to nothing, their rise in server market share made it a pretty safe bet IMO.

[–] CCMan1701A@startrek.website 1 points 10 months ago

Yeah, I got some at $15 in back in 2018 because I sold my $2 shares when I was excited it made it to $10 because I didn't know anything about stocks and then repurchased at $15 because I just wanted to own the stock after building a new PC.

[–] mihnt@lemmy.world 7 points 10 months ago (2 children)

JFC punish me more for not buying it when it was $3 why don't ya.

[–] ji17br@lemmy.ml 4 points 10 months ago (1 children)

$2.38 checking in.

[–] Buffalox@lemmy.world 2 points 10 months ago (1 children)

Good catch. 👍

[–] ji17br@lemmy.ml 2 points 10 months ago

I’d like to say it was skill but the umpteen 99.9% losses in my portfolio would prove it was mostly luck haha

[–] weeahnn@lemmy.world 3 points 10 months ago

It's kind amazing how many times I've missed the mark with the stock market.