Why AMD Stock Jumped Again Today (because Dell trading up 30+%

theglobeandmail.com ^

[RoosterRedux]

Advanced Micro Devices(NASDAQ: AMD) recorded another day of strong gains in Friday's daily trading. The semiconductor company's share price closed out the session up 5.3%, according to data from S&P Global Market Intelligence.

While there wasn't any business-specific news for AMD, its share price surged in conjunction with the latest bullish indicators for AI demand and growth opportunities. Dell published its fourth-quarter report after the market closed Thursday, and its results have spurred another round of bullish momentum for artificial intelligence (AI) stocks.

Dell's Q4 results are the latest bullish catalyst for AI stocks If Wall Street was looking for another reason to be bullish on AI stocks, Dell's Q4 report and guidance seems to have delivered it. The company recorded non-GAAP (adjusted) earnings of $2.20 per share on sales of $22.3 billion, beating the average analyst estimate's call for per-share earnings of $1.72 on sales of roughly $22.15 billion. Even better, the company indicated that it was seeing strong demand for its AI server products and that it expected this catalyst to drive strong performance through 2025.

Dell stock closed out Friday's trading up 31.6%, and the stock's surge had ripple effects for the valuations of top AI players. AMD stock is now up 37.5% across 2024's trading and 158% over the last year.

[RoosterRedux]

It's hard to believe that AMD huge jump at the end of last week was due to Dell's earnings report. But, so far, that's the scuttlebutt.

So far...

[Apple Pan Dowdy]

Isn’t AMC stocks where the Hedge Fund scam “war” is going on?

[political1]

It pays no dividends. Don’t buy it.

[RoosterRedux]

Do you have any sources for that? I haven’t heard of it and would like to read up on it.

[RoosterRedux]

Good growth companies don’t pay meaningful dividends. So if you are looking for dividends, look elsewhere. But if you are looking for growth (which is what all good tech companies are all about), don’t expect dividends.

[linMcHlp]

Dell AI servers and work stations, in demand. Nvidia chips’ quality, in demand.

Programming AI lagging more and more.

[RoosterRedux]

As a side note, you can't always tell what's good based on what hedge funds buy and sell. They regularly make huge mistakes.

Hedge funds managers always admit that they trade instead of buy and hold because investors who buy and hold don't need hedge funds...they can just buy the good stocks themselves and sit on them.

Ergo, hedge funds don't always produce stellar returns compared to what smart "buy and hold" investors realize.

[zeestephen]

Since the dot.com crash in 2000, I have been really impressed by USA corporate management during the last 24 years.

Unless there is a serious banking or financial issue (like 2008), USA executives have done an exceptional job managing around every other problem.

Next catastrophe on deck...

How will they manage around the coming federal debt crisis?

[Bloody Sam Roberts]

Dell certainly has gone big into AI tools over the last year. It does enhance productivity. I use it frequently.

[JayGalt]

Advanced Micro Devices There were issues in 2009 & 2015

https://www.cnbc.com/2009/10/21/in-fraud-case-a-deal-that-lost-millions.html

In the last 10 years AMD has been a great stock to be long in.

[dennisw]

[dennisw]

This has been the way tech funds roll for20+ years, so like or don’t like, invest or don’t invest

[RoosterRedux]

Are these workstation AI tools aimed at keeping your data and AI behind your organization's firewall? Is that part of the goal?

What are other advantages?

Thanks for your knowledgeable input BTW.

[RoosterRedux]

AMD and Nvidia are my 2 biggest long-term holdings. Needless to say, I’m a happy camper.

[RoosterRedux]

Love your tagline. One of my favorite movies.

[bert]

Dividends are double taxed

[Apple Pan Dowdy]

I was not personally involved with the short sell gaming that went on with AMC (and possibly is still going on), but I know someone who is and this is how it was explained to me:

“When you sell short you borrow stocks from a broker for a fee. You have to return those stocks within a month. You take those stocks that you BORROWED AND SELL THEM ON THE MARKET. Let’s say they sell for $100 per share. You are BETTING THAT IN THAT MONTH they will drop to $50 per share. YOU BUY THEM BACK AT $50 per share and keep the $50 profit, RETURN THE STOCKS TO THE BROKER MINUS A FEE... You made $40 (just an estimate) per share.
The problem is the brokerage house only pretends to have the stock in inventory to “loan” the short seller. It is fraud all the way around. Normally, the way it works is that hedge fund managers make billions of dollars by gaming the system.

But this time, some very smart trolls gamed the system themselves and hedge fund managers (as in the AMC situation) lost billions. You might say they GameStopped the system.

Hundreds of them bought AMC stock while the price was at its lowest, then held on to it.In the big scheme of things, these were little guys, but when they banded together they caused a huge impact, and the ones who bought in early (like my friend) even made some money from it.

I don’t know if it is still going on but if you are interested I can ask my friend for you.

[bert]

Tesla cars are AI based machines and may actually the leading user of AI applications

[Bloody Sam Roberts]

Mainly these are search tools on company infrastructure that act as KB search tools and also some for scripting creation so we can easily create scripts for specific troubleshooting tasks and problem resolution for customer issues. I’m sure there are other applications but in my area these are a couple of them. And yes..it’s all on our side of the ‘wall.