Whether it is manipulation or just ill advised selling, AMD may dip slightly on 'no news' days like today. But there are definitely some catalysts on the horizon:
- It is likely that Overseas government approves the Xilinx acquisition and hopefully, we hear soon
- Updates on Samsung's utilization of AMD radeon graphics. Q4? Q1? - It's coming and looks like a big top and bottom line boost.
- Q3 earnings and Q4 guidance. We know it's going to be above $4.1B and Q4 more so.
- Deeper server penetration
- More Intel stumbles
All of the above are highly likely and soon. And a myriad of other product innovations Lisa and team are working on. Keep thinking about the AMD successes under Lisa Su's guidance and feel a comfortable early retirement also on the horizon.$AMD(AMD)$
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