AMD stock up 52%

They slightly beat expectations, but that can't be the whole story. Might be something to do with Intel's recent weakness and restructuring (moving away from the PC market), perhaps the PS4.5 rumors...

Re: AMD stock up 52%

#6

Post by rajeemcariazo » Sat, Apr 23, 2016, 7:52 AM UTC

Is this related to the deal with Tianjin Haiguang Advanced Technology Investment Co?

Re: AMD stock up 52%

#7

Post by [deleted] » Sat, Apr 23, 2016, 7:52 AM UTC

celticninja wrote: post #2

Any news that would have influenced this?

[deleted]

Re: AMD stock up 52%

#8

Post by gruturo » Sat, Apr 23, 2016, 7:54 AM UTC

celticninja wrote: post #2

Any news that would have influenced this?

Yesterday's news of a joint venture to build servers for the chinese market?

http://www.extremetech.com/computing/227059-amd-announces-ne...

Re: AMD stock up 52%

#9

Post by srikz » Sat, Apr 23, 2016, 8:00 AM UTC

celticninja wrote: post #2

Any news that would have influenced this?

One factor may be that they expect 1.5 billion in revenue from 3 devices (Playstation 4.5, Nintendo NX, Microsoft Xbox One.5???) [1] But the chinese deal is probably the main reason

[1]: http://arstechnica.com/gaming/2016/04/amd-promises-three-new...

Re: AMD stock up 52%

#10

Post by shiftb » Sat, Apr 23, 2016, 8:01 AM UTC

Why?

Is anyone else surprised that up 50% is $4?