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.”
- AMD’s Data Center revenue surged 115% YoY in Q2 2024, driven by Instinct MI300 AI accelerators and EPYC processors, leading to raised revenue guidance and a BUY rating.
- Client segment revenue grew 49% YoY, fueled by strong Ryzen processor demand and Zen 5 sales, prompting an increased revenue forecast for 2024 and 2025.
- Gaming segment revenue fell 59% YoY due to weak console demand, resulting in a lowered revenue forecast for this segment through 2025.
- AMD’s acquisitions of Silo AI and ZT Systems aim to strengthen its AI and data center market position, enhancing long-term growth prospects.
Did you even read it?
Down 6% YTD and a market cap of 1/12 of their only competitor isn’t “doing great.”
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.
Did you even read it?
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?
Fucking do it. Anything that takes down Nvidia’s CUDA Monopoly has my full support.
As a general rule, don’t use a corporation’s language. Languages, and their reference implementation, should be truly independent.
Edit: To be clear, programming language.
Don’t let a word have that much power over your life
Corporation? I’m not anti business, far from it. But I have an interest in economics as well as technology. We need effective markets. CUDA is an example of a market problem caused by a corporation’s own language. It has screwed up competition.
I mean if anything, look at Velcro and how generalising a term makes it untrademarkeable. Overusing words can and will screw companies.
He means programming language. Don’t use programming languages that are controlled by a single company. Not “don’t say CUDA when you mean any general purpose GPU programming language”.