Advanced Micro Devices Inc (AMD)

[JLS]

Neither goal is realistic.

And that's not a humble opinion ... LOL.

In fact, what has happened over the last two days is not realistic but it happened anyway. But, being up as much as it is, going up to $28 by the end of tomorrow means AMD has to go up another $3 -- that's an acceleration of what has happened over the last two days.

I understand that one should be optimistic about the company, but the price increase over the last two days is crazy. When profits start to be taken, price could slide down pretty fast.

The last time I calculated, AMD is up roughly 30% over the last two days. Probably a good time to think about buying some puts to protect your stock gains.

I saw in the news that this rise in MU shares today -- and drop in INTC shares -- might have something to do with INTC finally naming their new CEO, Bob Swan. I think that's a pretty good theory because Intel's new CEO, is/was Intel's chief financial officer!

Now, what does a financial officer know about electronics, especially the extremely high-tech chips? Does Bob Swan know that he knows nothing about that? If he does know that he doesn't know, then that's a good start and the company has a chance because he can seek the advice of those who do know (assuming he knows how to recognize those people). Because AMD has leapfrogged over INTC in releasing higher density parts, and because Bob Swan has probably been acting as CEO, and can now do that formally for real, it's reasonable to assume that INTC will continue to lose more of their marbles.

Conclusion: INTC's new CEO don't know chit about semiconductor design. And I think that thought is rolling around in some analyst's, and investor's, heads.

Does AMD's CEO know something about semiconductor design? She sho does -- she's got a PhD in electrical engineering from MIT, and worked her way up in the real world. And it doesn't hurt that she's got a great smile!

Dr. Lisa Su:
https://en.wikipedia.org/wiki/Lisa_Su