AMD stock rises after best earnings in 7 years • Hacker News Board

Re: AMD stock rises after best earnings in 7 years

#11

Post by striking » Thu, Jul 26, 2018, 1:25 AM UTC

eachro wrote: post #8

How is AMD doing in the GPU for deep learning business? Have they completely ceded that market to Nvidia?

They've made a CUDA competitor (https://rocm.github.io/) and it works well enough to port Tensorflow to (https://github.com/ROCmSoftwarePlatform/tensorflow).

Not super impressive, but we'll see what happens I guess.

Re: AMD stock rises after best earnings in 7 years

#12

Post by ianai » Thu, Jul 26, 2018, 1:26 AM UTC

wmf wrote: post #5

Avshalom wrote: post #3

I mean I'm happy for AMD but "company makes money: stocks go up" is pretty much dog-bites-man non news.

There's a narrative that Intel will keep AMD down no matter what, so it's good to see the market working and refuting that.

Yep this is indicative of future IT trends and current. Plus we should all be applauding any competent competition for Intel. Imagine where we’d be if AMD had been a more credible threat sooner. I bet Intel wouldn’t be able stagnate as much.

Re: AMD stock rises after best earnings in 7 years

#13

Post by SubiculumCode » Thu, Jul 26, 2018, 1:38 AM UTC

I wanted a GPU to dabble in mining, machine learning, and games in my new Ryzen build. I went Nvidia becuase of CUDA. That is too bad. I'd have liked to buy the AMD gpu

Re: AMD stock rises after best earnings in 7 years

#14

Post by nodesocket » Thu, Jul 26, 2018, 1:45 AM UTC

Arg, I sold out of my position in $AMD in January after growing impatient waiting for Ryzen profits to show up. That proved to be a mistake, should have held onto my guns and thesis.

Perfect buy was on April 25th, up 75% since then.

Re: AMD stock rises after best earnings in 7 years

#15

Post by moscovium » Thu, Jul 26, 2018, 1:54 AM UTC

Avshalom wrote: post #3

I mean I'm happy for AMD but "company makes money: stocks go up" is pretty much dog-bites-man non news.

If you've been following AMD, good news hasn't always meant better prices with this (or any company).

Last I remember this thing was bouncing from 11 to 12 consistently.

Re: AMD stock rises after best earnings in 7 years

#16

Post by mtgx » Thu, Jul 26, 2018, 1:56 AM UTC

nodesocket wrote: post #14

Arg, I sold out of my position in $AMD in January after growing impatient waiting for Ryzen profits to show up. That proved to be a mistake, should have held onto my guns and thesis. Perfect buy was on April 25th, up 75% since then.

Not a stock investor but AMD looks like a solid but for the next few years especially given the fact that Intel is in disarray and will be for a few more years. $100 amd shares by 2021 is not out of the question imo as I believe amd will reach at least 40 percent market share by then in the pc market and probably around 20-25 in servers.

Re: AMD stock rises after best earnings in 7 years

#17

Post by citilife » Thu, Jul 26, 2018, 2:04 AM UTC

eachro wrote: post #8

How is AMD doing in the GPU for deep learning business? Have they completely ceded that market to Nvidia?

Their GPUs for deep learning are nearly non-existant, as others have mentioned there are projects and support, but... not worth the effort essentially.

On the other hand, with the rise of their cheaper CPUs and APUs, I'd actually expect that to change. From a power perspective and eventually the ubiquity, it'll make sense to provide more support.

Re: AMD stock rises after best earnings in 7 years

#18

Post by citilife » Thu, Jul 26, 2018, 2:07 AM UTC

nodesocket wrote: post #14

Arg, I sold out of my position in $AMD in January after growing impatient waiting for Ryzen profits to show up. That proved to be a mistake, should have held onto my guns and thesis. Perfect buy was on April 25th, up 75% since then.

I bought AMD at $2.87 after someone on HN or Reddit (can't remember which) from AMD was discussing their new architecture and how it could be manufactured cheaper and was as performant.

Thank god someone spilled the beans; also incentives me read HN all the time -_-

Re: AMD stock rises after best earnings in 7 years

#19

Post by nodesocket » Thu, Jul 26, 2018, 2:15 AM UTC

citilife wrote: post #18

nodesocket wrote: post #14

Arg, I sold out of my position in $AMD in January after growing impatient waiting for Ryzen profits to show up. That proved to be a mistake, should have held onto my guns and thesis. Perfect buy was on April 25th, up 75% since then.

I bought AMD at $2.87 after someone on HN or Reddit (can't remember which) from AMD was discussing their new architecture and how it could be manufactured cheaper and was as performant. Thank god someone spilled the beans; also incentives me read HN all the time -_-

lol, insider trading? :-) Do have the original comment thread?

Re: AMD stock rises after best earnings in 7 years

#20

Post by KaoruAoiShiho » Thu, Jul 26, 2018, 2:28 AM UTC

nodesocket wrote: post #19

citilife wrote: post #18

Earlier quoted context omitted.

I bought AMD at $2.87 after someone on HN or Reddit (can't remember which) from AMD was discussing their new architecture and how it could be manufactured cheaper and was as performant. Thank god someone spilled the beans; also incentives me read HN all the time -_-

lol, insider trading? :-) Do have the original comment thread?

Probably not insider trading lol. AMD was extensively shilled on /r/wallstreetbets and /r/amd_stock for 2 years now.