Advanced Micro Devices Inc (AMD)

[biginvestors]

AMD is great at over promising and underdelivering. However, the great idea here is that despite the firm's horrendous track-record, investors still seem to get excited and bid the stock up, forcing the shorts to cover.

The company went ahead and announced three new major products:

"Richland" APU (a refined version of its existing "Trinity" APU built on the same 32nm process)
"Kabini" APU, which is a successor to AMD's low cost notebook/desktop offerings, built on GlobalFoundries' 28nm process
"Temash" APU, which is a scaled down version of "Kabini" for use in fanless/tablet device built on GlobalFoundries' 28nm process
To the uninitiated, this seems competitive. AMD is going to be "first to market" with a "true quad core x86 system-on-chip." This means that AMD has out-executed Intel, right? To most investors unfamiliar with what's going on, that's exactly what this looks like, which explains to rapid rise in the share price.