I wonder how much of the action this morning has to do with the INTC downgrade? Anyone got a source?
Personally, I expect AMD to just go where the SOXX goes for awhile. And while I think AMD will do well this quarter I don't expect a blow out. It still looks like Hector has some deferred maintenance to perform, including the extra charges for the CVB's redemption.
What makes AMD exciting is the possibilities that could come out of nowhere. Anyway, all the publicity AMD has been getting is definitely getting the market involved in the stock.
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