Advanced Micro Devices Inc (AMD)

[KeithDust2000]

Ixse, Why else would AMD be down till this level???

Hard to tell. There have been quite a good pieces of news this quarter. However, there´s one thing I´m concerned about:

VIA and SiS revenues likely to decline 20% in December
Emma Wang, Taipei; Chinmei Sung, DigiTimes.com


Chipset vendors VIA Technologies and Silicon Integrated Systems (SiS) are likely to see 20% sequential revenue declines in December, hurt by Intel’s continued dominance of the Pentium 4 (P4) chipset market and the wrapping up of shipments for the Christmas shopping season.

Despite its aggressive price cuts on P4 chipsets, VIA’s low ASPs (average selling prices) may not help its revenues, local investment analysts said. According to an estimate from a local motherboard maker, VIA’s December revenues are likely to drop by 20% compared with NT$1.657 billion revenues in November. In reply to the estimate, VIA said it is still finalizing its December revenues.

SiS said it is likely to generate NT$1 billion in revenues in December, a dip of 29% from NT$1.416 billion in November

http://www.digitimes.com/NewsShow/Article.asp?datePublish=2003/12/17&pages=B2&seq=58

VIA down 20%, SiS even 29% down in December (revenue, of course). After having gone down 16% and 9.5% respectively last month? That looks pretty heavy, and although the data is not conclusive enough to draw any meaningful conclusions, it certainly isn´t encouraging. The price war in the INTEL chipset market and the end of the christmas selling season are factors, but maybe there´s more to it?


On the other hand, I was pretty amazed to see AMD topping the S&P 500 top gainer charts for two months in a row. We led the market up then, maybe we´re leading it down now. Volatility in a risky stock.