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AMD YOLO

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Re: AMD YOLO

#11

Post by eightysixfour »

ein0p wrote: post #7
dlcarrier wrote: post #3

AMD is probably undervalued, but Nvidia is clearly way overvalued. I don't think the reckoning will come from AMD stealing Nvidia's market share, it'll come when the hype bubble collapses and businesses start treating neural networks like commodities, running whatever is cheapest instead of the absolute most powerful. AMD is in a great position, because they make both great GPU/NPU hardware and great CPU hardware.

> Nvidia is clearly way overvalued Tell me you haven't looked at Nvidia's financials (especially the margins) without telling me. It basically prints money, now and in the foreseeable future, and all of its products are permanently sold out, even at the insane prices Nvidia is charging.

> foreseeable future

I think this is the arguable part. The more AI compute becomes valuable, the more reason there is to divest from their software moat. Their hardware is good, but not unassailable. I think their modest (by tech hype standards) P/E is recognition of this.

Re: AMD YOLO

#12

Post by rs186 »

I have trouble distinguishing this post from those on r/wallstreetbets. To be honest, I have seen quite a few posts on wsb that are much more informative than this

Re: AMD YOLO

#13

Post by hmm37 »

Jalad wrote: post #4
dlcarrier wrote: post #3

AMD is probably undervalued, but Nvidia is clearly way overvalued. I don't think the reckoning will come from AMD stealing Nvidia's market share, it'll come when the hype bubble collapses and businesses start treating neural networks like commodities, running whatever is cheapest instead of the absolute most powerful. AMD is in a great position, because they make both great GPU/NPU hardware and great CPU hardware.

> AMD is probably undervalued, but Nvidia is clearly way overvalued. AMD trades at a price to earnings ratio of 99, NVDA trades at a PE of ~38. PE isn't everything when looking at companies, but I don't see other reasons to think AMD is undervalued

AMD's PE ratio looks high because of their Xilinx acquisition and for tax reasons. You have to look at non-GAAP numbers instead, e.g. AMD's forward PE ratio which is only ~20 or so. Nvidia's forward PE is ~30.

Re: AMD YOLO

#15

Post by y-curious »

rs186 wrote: post #12

I have trouble distinguishing this post from those on r/wallstreetbets. To be honest, I have seen quite a few posts on wsb that are much more informative than this

Well, I generally am inclined to take DD from geohotz over anonymous wsb posts.

Re: AMD YOLO

#17

Post by rapsey »

eightysixfour wrote: post #11
ein0p wrote: post #7

Earlier quoted context omitted.

> Nvidia is clearly way overvalued Tell me you haven't looked at Nvidia's financials (especially the margins) without telling me. It basically prints money, now and in the foreseeable future, and all of its products are permanently sold out, even at the insane prices Nvidia is charging.

> foreseeable future I think this is the arguable part. The more AI compute becomes valuable, the more reason there is to divest from their software moat. Their hardware is good, but not unassailable. I think their modest (by tech hype standards) P/E is recognition of this.

They modest P/E ratio is a consequence of growing their earnings so much.

Re: AMD YOLO

#18

Post by baal80spam »

eightysixfour wrote: post #11
ein0p wrote: post #7

Earlier quoted context omitted.

> Nvidia is clearly way overvalued Tell me you haven't looked at Nvidia's financials (especially the margins) without telling me. It basically prints money, now and in the foreseeable future, and all of its products are permanently sold out, even at the insane prices Nvidia is charging.

> foreseeable future I think this is the arguable part. The more AI compute becomes valuable, the more reason there is to divest from their software moat. Their hardware is good, but not unassailable. I think their modest (by tech hype standards) P/E is recognition of this.

But they are making strides in robotics already. Jensen is super smart, business-savvy AND hard-working. These are some of many reasons I own NVDA.

Re: AMD YOLO

#19

Post by qwery »

rs186 wrote: post #12

I have trouble distinguishing this post from those on r/wallstreetbets. To be honest, I have seen quite a few posts on wsb that are much more informative than this

The author is George Hotz, who most famously developed some iOS and PS3 exploits and got sued by Sony. I have litle interest in the content of this particular article and I think your evaluation of the article is fair.
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