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Squish them like bug. Show me you can do it, AMD.
Narrator: They couldn’t.
AMD seems to be doing great: https://seekingalpha.com/article/4718576-amd-stock-ai-accelerators-drive-revenue-and-margin-outlook-upgrade-buy
Down 6% YTD and a market cap of 1/12 of their only competitor isn’t “doing great.”
Did you even read it?
Firstly, Nvidia isn’t AMD’s only competitor. There’s Intel, Qualcomm, and a litany of other companies that compete with Xilinx, who AMD purchased.
Secondly, only looking at the stock price and treating that as gospel shouldn’t be how you’re assessing whether a company is doing well or not.
GameStop stock exploded, it wasn’t because they were doing well. Nvidia became the most valuable company on earth by market cap - do you really think they’re that valuable, more than Microsoft or Apple, or is it a bubble? Tesla stock went crazy because Elon kept chatting nonsense about how all their cars would be driverless by 2018. Etc. shit, go back enough, tulip stocks were worth more than all of the textiles industry if you only care about market cap.
The stock market is not rational. Don’t judge the health of a company purely based on their stock price.
Well, it’s accountwalled so no.
Additionally, holy shit my dude. Nice work being Exhibit 1A as to why retail investors and common folk shouldn’t be allowed to speak about the stock market, corporate valuation, or business finances generally.
Can’t take an L and reevaluate or something? Why this response to a pretty reasonable rebuttal of your surface take?