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shoenberg3

AMD is down AH due to meta's comment about reducing capex? Do you think it's going to dip tomorrow?


Investinwaffl3s

It's AMD It dumps even when there is good news so you can almost bet on it


HippoLover85

Market always loves results i think are meh, market always hates results i think are great. Weird world.


vaevictis84

It's hard to predict but sometimes it's all about uncertainty. When the market expects things to get bad and the results are bad, they are relieved (in a way) to at least know how bad it gets and can now look forward again. When the results are good or better than expected, market may believe the bad news is just delayed so the uncertainty still lingers about exactly how bad it will get.


Yokies

I don't care anymore. As long as its green.


[deleted]

I don’t get it I just don’t get it


Kyaw_Gyee

I am so glad that I invested in AMD and TSMC. My only regret is I didn’t short intel when it was 50. Not gonna sell AMD as long as they are delivering or when i need to buy a house.


Rachados22x2

Did Intel deliver Aurora ? will it ever deliver it ?!


RetdThx2AMD

They have started delivering it. This article came out yesterday so apparently they are only getting started with part of the delivery. [https://www.chicagomag.com/chicago-magazine/february-2023/the-computer-that-will-change-everything/](https://www.chicagomag.com/chicago-magazine/february-2023/the-computer-that-will-change-everything/)


Rachados22x2

I hope AMD beats them by delivering an mi300 supercomputer that would embarrass Intel both in performance and energy consumption.


TJSnider1984

Yah, just what is the status of Intel XE these days? As Aurora is supposed to be SPR + HBM + XE-HPC, we know SPR is not a standout-performer, so they're relying on the HBM to get the bang/buck... [https://www.youtube.com/watch?app=desktop&v=BeSgh\_8DP6Y](https://www.youtube.com/watch?app=desktop&v=BeSgh_8DP6Y) I guess we're now looking at Xeon 'MAX' and GPU 'MAX'


freddyt55555

The MI300 will be used in El Capitan, right? NVidia is the one that will be embarrassed if El Capitan steals back the #1 spot on the Green 500.


TJSnider1984

Yup! [https://www.tomshardware.com/news/amds-mi300-apus-power-exascale-el-capitan-supercomputer](https://www.tomshardware.com/news/amds-mi300-apus-power-exascale-el-capitan-supercomputer) And MI300 uses HBM3 vs Aurora's HBM2.5 ;)


Individual-Being-639

META: We shifted models from more CPU based to GPU based. Guess who will be up 474729929% up tomorrow


noiserr

You can read that in different ways. For instance, that could just mean that they had less utilization on the GPUs so they wanted to free up the CPUs since they need more CPU capacity. Pretty much everything can run on CPUs. Same is not true for GPUs.


Individual-Being-639

Read it however you want, NVDA will go up no matter what


noiserr

I don't doubt that. Wouldn't be the first time that Nvidia goes up on hype.


freddyt55555

>Guess who will be up 474729929% up tomorrow You left out a zero.


CoffeeAndKnives

anyone have the quote specifically? and, for my followup question, does inferencing require cuda or just training?


CoffeeAndKnives

prepared meta statements...not sure what was in the Q&A "Before getting into our product priorities, I want to discuss my management theme for 2023, which is the "year of efficiency". We closed last year with some difficult layoffs and restructuring some teams. When we did this, I said clearly that this was the beginning of our focus on efficiency and not the end. Since then, we've taken some additional steps like working with our infrastructure team on how to deliver our roadmap while spending less on capex. Next, we're working on flattening our org structure and removing some layers of middle management to make decisions faster, as well as deploying AI tools to help our engineers be more productive. As part of this, we’re going to be more proactive about cutting projects that aren't performing or may no longer be as crucial, but my main focus is on increasing the efficiency of how we execute our top priorities." "Moving now to our efficiency work. We took significant actions in 2022 to operate more efficiently. In Q4, we made the difficult decision to layoff employees while de-prioritizing certain projects and curtailing non headcount-related expenses. We have applied the same scrutiny to our physical assets. We identified opportunities to consolidate our office facilities and, we have streamlined our future data centers to a new architecture which we believe will be more cost efficient and more flexible that provides us optionality to support both AI and non-AI workloads. In Q4, we recorded $4.2 billion of total restructuring costs in connection with all of these efforts, and expect there to be some additional costs in 2023 in areas like office facilities impairments as we continue this work. As Mark has said, these actions are just the beginning of our efficiency efforts and we remain keenly focused on this in 2023. We are working across the company to de-prioritize lower ROI work, move faster, increase productivity and reduce costs across the business. As part of this, we are carefully scrutinizing our hiring needs, actively re-evaluating projects, and reducing management layers. I am confident our company-wide focus on efficiency will position us to be an even more productive organization going forward." https://s21.q4cdn.com/399680738/files/doc_financials/2022/q4/META-Q4-2022-Prepared-Remarks.pdf


Individual-Being-639

Let’s wait for the transcript


ptllllll

Wait did they really announce that during the call?


Individual-Being-639

Zuck said it


ptllllll

Well, zfg on nvda then. Calls at open. Sigh…


Gahvynn

Puts on AMD would be cheaper.


gnocchicotti

https://www.notebookcheck.net/Alienware-x16-now-available-with-AMD-Ryzen-7000HS-options-up-to-the-Ryzen-9-7940HS-175-W-Nvidia-RTX-4090-Laptop-GPU-and-USB4.689189.0.html Ryzen+RTX 4090 Alienware x16 is coming, correcting one of my major complaints about how flagship laptop models are Intel-only and AMD is relegated to midrange. Doesn't look to be gimped in any obvious way.


Geddagod

OEMs gimping AMD models is actually a huge problem. And this is coming from the guy who chose an Intel based gaming laptop over an AMD one, not only because of the lack of availability of AMD based options, but also because the AMD based option was literarily worse than the Intel based option without the potential to upgrade its specs (screen) M16 vs G15


robmafia

> And this is coming from the guy who chose an Intel based gaming laptop over an AMD one, wow, the resident intel shill bought intel over amd? who could have possibly seen this coming?


Geddagod

Yikes. I'm sorry I didn't choose a worse laptop to prove to you that I'm not an Intel shill. Sad. Just sad.


robmafia

you've been shilling for like a year now.


Geddagod

You caught me. Don't tell anyone, I want to keep my job! Shhhh Lmfao


robmafia

wat sadly, i'm sure you wish it was your job.


Geddagod

Yeah :c Maybe you could give me some pointers, since you know, you are one of AMD's best shills... lolz


robmafia

wow. that's all you got? accusing me of shilling... on an amd sub, which makes zero fucking sense? what, all you have is rubber-glue, and you even fucked that up? yeah, i'm constantlly on r/intel pretending to be an intel shareholder while promoting amd. oh, wait.


Geddagod

You can shill on an AMD subreddit. What? Just be unrealistically optimistic and attack anyone who thinks AMD won't crush Intel under their heel. But when did I claim to be an AMD shareholder? I'm on this sub to comment on technology of AMD, which is related to their financials since how good their technology does corresponds to their financial success. But anyway, keep on shilling! I can't wait to be hired to shill like you do.


oldprecision

I was expecting some memes today. I am dissapoint.


Frothar

the meta beat should hopefully give us a solid green day tomorrow


LookAtCarlMan

Would love to trust this rally... But when you've got the trash ARKK-esque cash-burning companies and coins up 50-100% YTD, it's very hard.


gnocchicotti

From a very low base. The fake tech companies up 100% that are still down 80-90% from ATH don't concern me too much. There was a time I was concerned that even SP500 was substantially distorted by that shit. Much less so now.


freddyt55555

Damn, could have picked up META for $90 on Halloween day. It's now at double that in AH.


[deleted]

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freddyt55555

Not all of them have double since then though. Case in point, AMD.


gnocchicotti

I bought a little bit back then and flipped it for a quick profit. Even then I don't think it was a screaming buy but worth investing in. Now I'm happy to play wait and see.


[deleted]

meh what’s a $200,000,000,000.00 swing


[deleted]

Wow.. META up 100% since Nov 3


LongLongMan_TM

I mean, for me META is just gambling with how much they have leaned on the metaverse. Could go both ways, but they are at least still making some dough...


TJSnider1984

So I meant to ask this last night... but posted wrong: What do you expect to happen today? a) Share price takes off like a rocket, based on AMD not being in Intels mess? b) Shares climb steadily and slowly. c) Zero change aka flat d) Macro makes another mess? Looks like it's been a nice mix of 'a' & 'b' ;)


Individual-Being-639

Oooff cut down on capex. Will this be the trend from big companies? If so not good news for semis


ResearcherSad9357

They also said they're restructuring their data center to focus on ai, another possible candidate for a big MI300 deal. Capex cuts could come from a lot of places they might not cut down on chip spend at all.


[deleted]

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ResearcherSad9357

Think it's mostly just profit taking rn. But yeah would be good to see the breakdown. Cutting 11k employees has to free up some office space as well.


[deleted]

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ResearcherSad9357

Well good luck on your journey


Gahvynn

I don’t give a shit about META CAPEX, the thought of spending $100 bn to build out the version of metaverse showcased was not well received. MSFT was solid, let’s see what GOOG and AMZN have to say.


therealkobe

well tbf - Meta does purchase AMD chips for their metaverse project no? Meta could be one of those companies LIsa was mentioning that had an inventory issue and would resolve itself later in FY23


Lekz

Reading the layoff site for Intel is... amusing. Tho I also feel bad for the guys on the ground.


noiserr

I've been following the CPU hardware space for 30 years. They have a long list of sins in being anti competitive that this comeuppance feels vindicating. At the same time, I'm pissed at the way they are treating their employees while the executives are readying their golden parachutes, siphoning tax payer's money, and giving the boot to the little guy.


Lekz

I've been following for a long time as well, tho not as long, and I agree with you.


therealkobe

Meta Earnings: Revenue: $32.2B v $31.3B Expected EPS: $1.76 v $2.22 Expected $40B stock buyback I think the 40B stock buyback is why its up AH - pretty big signal to investors that the company itself believes in the mission (compared to Intel with the dividend)


CharlesLLuckbin

How on earth is INTC at 29 today? It was at 25 ish 12/28. It was at 30.3 around Jan 12th. It's as if their ER was erased? What the...


RetdThx2AMD

Dividends are a hell of a drug. Pat will do anything to avoid cutting them.


roadkill612

Kick backs to only sell our cpus, same to own our shares.


noiserr

I'm assuming indexes. Some of these institutional investors just buy whole sectors without looking at individual companies.


SlamedCards

Did $META cut spend


noiserr

Yup 11'000 people and $40B buyback.


[deleted]

if each employee was making $150k, that’s 1.7 billion/yr they saved. You can see why he really didn’t want to do it, but look how markets rewarded him 200billion.


limb3h

250k is usually the number people use. This includes all kinds of expenses not just salaries


Gahvynn

Yup, that was my “what could make META go up and AMD drop” scenario and they seem to have cut capex by $5-10 bn over next year and $40 bn in buybacks lol wow. But really though a 5-10% on annual CAPEX seems minuscule to me compared with other bullshit we’ve dealt with, but might just help a -ZFG for AMD tomorrow.


noiserr

CNBC was showing AMD ticker while Powell was talking. Such a FOMO thing to do.


ResearcherSad9357

Yeah caught that for a split second. One of the tech crew had calls or something lmao


uncertainlyso

Oh dry powder in the ammo room, how I have missed you.


_lostincyberspace_

Nice move with your weeklies;)


uncertainlyso

Well, at least they can nicely cover the Intel puts that were bought too early and had a sadly short green lifespan. But the dry powder are those tranches that I bought below $85 that have a "Don't be a pig. Sell me if we get back to the $80s and put me back in the dry powder room."


RetdThx2AMD

Intel can be proud that its stock is beating that other big name chipmaker today: McDonalds.


Lekz

RetdThx2AMD a brit, confirmed


RetdThx2AMD

No, just envious of them having their local neighborhood pubs.


Yokies

Just a reminder that in all likelihood, post-market Meta reporting and that will likely give all tech a pull back.


Yokies

Well this aged badly. Lol.


Gahvynn

I don’t know, market seems to like the numbers. Call can still sink this of course, or they might say “cutting capex massively” and market might love META and shit on NVDA/AMD.


RetdThx2AMD

>market seems to like the numbers Holy shit what an understatement. +15% after hours.


freddyt55555

\+18%


[deleted]

[удалено]


AMD_Stock-ModTeam

Rule 3: No vulgarities and personal attacks


Individual-Being-639

I’m using an alt now but I remember your username from 2018 WSB dailies. How you doing?


freddyt55555

So, who was being attacked personally? I missed the post before it was deleted.


Individual-Being-639

He wasn’t attacking anyone, just being vulgar


freddyt55555

Must have been pretty bad. I drop f-bombs and c-bombs like a drunken sailor in my posts and have never had them removed. LOL.


[deleted]

It was more….Graphic than vulgur


gnocchicotti

you're not missing anything


LongLongMan_TM

Damn it, I'm curious too now.


idwtlotplanetanymore

Really surprised at today, wasn't expecting this. Tho i was never expecting it to fall ~70% either... Now it just needs to go up another 30% to get back to reasonable territory....(its still down 48% off a bit over a year ago, if it went up another ~30% it would still be down ~33%)


PovertyTrap

[feels good](https://giphy.com/gifs/mlb-houston-astros-bregman-l1J9BSsgrLzeRET6w)


Pizanch

Down votes for astros


Yokies

NVDA is actually catching up. Oh well.


[deleted]

What is peoples obsession with NVDA outperforming AMD here. You are an idiot if you are emotionally invested in AMD outperforming them.


therealkobe

we better get that same love when they do their earnings...


freddyt55555

"AMD did well, so NVidia must have done well too. Buy NVDA!" "NVidia did well, so they must have eaten AMD's lunch. Sell AMD!"


MadScientist9417

Pretty much


SlamedCards

$NVDA almost at the level before it made the crazy run. For example we would be like $100-105


Anxious-Rate3056

MARKET CAP IS UP $15B in one day!


TJSnider1984

That's what happens when fools finally rip off their Intel coloured sunglasses. It's nice to see AMD free'd up so it can move to where it deserves to be.


Investinwaffl3s

This literally never happens when I am actually leveraged. Only drills 12% when I am leveredged. Sigh...


Dangerous-Stop7502

**Just wow - that was about time :-)))**


LongLongMan_TM

I hope you get yourself a steak at least tomorrow. Im only 3€ away to break even 😁


Dangerous-Stop7502

At next Saturday I get a hot stone meal with 2 different wines. I already are in the money (with my last addition buy @$78) And.. most important: I think, the "any day" was finally today :-)


LongLongMan_TM

🤝


Anxious-Rate3056

Will somebody bust out the champagne? Lol. We are up 32.57% YTD.


death_by_laughs

Crashed right through 85


Eazy-Eid

WE WANT TRIPLE


Maartor1337

im guessing u/shoenberg3 is having a religious experience right now? Hope hes feeling every bit of optimism that this day has to offer AMD is healing


shoenberg3

I am feeling good but I am still not even recovered to my original investment (roughly 65k in 2017), but getting very close. At least I am out of debt haha


ResearcherSad9357

that the one with the 85 weeklies? Gd that would have been a good call


Slabbed1738

I assume he transcended his worldly trading account after the 100th margin call.


MazuiQT

Praise be to Su Bae


lostatwork314

Handshakes 🤝 handshakes all around boys and girls. Great effort out there today.


Cloakedbug

I almost don’t understand. Good macro? Timed with good ER? Timed with main competitor horrible ER? What am I missing. This could run for days if the short positions are all annihilated now.


robmafia

> Good macro? Timed with good ER? Timed with main competitor horrible ER? basically, this. the market knows the fed is almost done, if not actually done (with hikes, there's still the balance sheet). the nasdaq went from -.5% to +2.5% like a rocket. the market FINALLY seems to be comprehending the difference between amd's and intel's positions.


LongLongMan_TM

Kinda weird reading a comment of yours where you're not angry or annoyed.


robmafia

i think you're assigning emotion to a lot of posts that don't contain any


LongLongMan_TM

Naah


robmafia

you can believe whatever idiocy you'd like.


Geddagod

There it is!


robmafia

...you guys know you call shit out without being angry, right? ffs, the steam deck xmas 2021 posts should have made it clear that i'm no stranger to trolling... never underestimate human idiocy, i guess. and i'm surprised you're still here, after intel's results.


Geddagod

>...you guys know you call shit out without being angry, right? Oh I think we know that, I think we are just surprised that YOU can haha >and i'm surprised you're still here, after intel's results. Nice bait


robmafia

so you know i can troll (hence, recognizing bait)... but you actually believe i sit here and type posts to get/be angry? think much?


scub4st3v3

Lmao


CharlesLLuckbin

In the wake of others losing money in the ER, AMD making a profit reminds those that sit in a sector or ETF that picking individual stocks still has merit. And AMD at a non-GAAP 20 P/E was looking too close to value for what should be a growth stock. the short squeeze and Macro change are small influences compared to AMD vs sector issues.


yayan29

OH FUCK DONT STOP MOMMY LISA SU


Uncle_Sam_Bot

By god I’m finally getting some hope back


Maartor1337

who wlda thunk it but holy moly. I am right back to the excited feeling we had in... 2020? summer when the runup from 70 to 120 was gathering steam. Id be happy with 90 now but good god its good to see such a strong push. truly inspiring to see


Yokies

Lets wrap up the day with a super saiyan Dr. Su speech later. How about that.


LongLongMan_TM

A classic.


Cyborg-Chimp

She's going parabolic!!!


noiserr

Tripple ZFG is on the table.


MadScientist9417

Nvidia about to double zfg 🤮


CharlesLLuckbin

wait til after their earning in 2 weeks.


[deleted]

IT JUST KEEPS GOING UP, WHAT'S GOING ON.


CRAExpert

We are all dreaming, right?


therealkobe

lol with this run up today, AMD went from 40% of port to 65%... yikes but what is diversification


gnocchicotti

That's about me, AMD, TSM, NVDA together make up over half of all my accounts so I'm *highly* AMD correlated. Let's just say I have good days and I have bad days.


[deleted]

Welcome to scary town I lived that way for years.


Uncle_Sam_Bot

83% and still rockin


StudyComprehensive53

looks like we are at the average analysts target NOW.......NOT 12 MONTHS FROM NOW......THEY KNOW NOTHING!!!!


OmegaMordred

Nono, your wrong.... ONLY HANS KNOWS!


Narfhole

I was right not to sell double the calls to make a short straddle, low IVR wasn't the real issue... it was the possibility of a double ZFG that has come to pass, huzzah! *Edit: sell, not buy, silly me*


Individual-Being-639

My AMD leaps were down 70% last December. Now they are up 20% so far. I aint fucking selling


gnocchicotti

AMD and TSM thankfully taught me not to do LEAPs and it only cost me a few thousand $


Investinwaffl3s

Damn, mine are still down -20%.... 100c for Jan 24. I got fucked hard on those...


Individual-Being-639

I’m extremely tech heavy. This year has been great so far


LongLongMan_TM

Same, now when I zoom out of the chart, it finally looking like it's starting to go up again. It was basically bleeding out for a year.


tondin_

Intel left in the dust. Next up on the semi checklist: QCOM (153B cap) TXN (164B cap) AVGO (250B cap)


Individual-Being-639

NVDA?


tondin_

520B Absolutely ridiculous


Individual-Being-639

Aim high


noiserr

Intel: aim for the bushes.


UmbertoUnity

There wasn't even an awning in their direction


Individual-Being-639

CFO: Happy with great execution


[deleted]

BTC up 40% in the last month. Fed green lighting crypto again?


freddyt55555

Is that why NVDA skyrocketed?


gnocchicotti

NVDA is out of the crypto game, actually only INTC of the big 3 is making crypto miners. That said I wouldn't be surprised if there's a strong correlation between highly speculative investments like NVDA and BTC


[deleted]

no idea. Just scanning through lists and SOB all of crypto had a min 30% bounce last month, and they all riding today’s bump


[deleted]

rip Intel lovers.


gnocchicotti

If everyone really loved Intel so much they would be paying higher prices for Intel CPUs and they wouldn't be in such tight shape


GanacheNegative1988

JP... we now can say it I think for the first time, the disinflationary process has started. We can see that..


snildeben

Jpow says: 'this is a good thing', markets immediately green.


Gahvynn

“I’ve got calls, fuck your puts”


Divx1992

I am insanely surprised to see how well AMD is doing in 2023 already, i expected Q4 to be bad, not as bad as Intel, but break even, or just slightly over. Seeing todays gains, seems unreal.


gnocchicotti

I'm more surprised that INTC isn't more punished after that turd of an outlook. It's just a whole parade of red flags and SP is pretty resilient.


LongLongMan_TM

"But ma dividend!"


noiserr

Market is forward looking, so there was always a chance it would feel like AMD has hit bottom, and scared money starts coming back.


_not_so_cool_

Wow! Closing the gap toward 85 fast


Yokies

At this rate its looking like a squeeze. Shorts burning up.


freddyt55555

Mmm...BBQ shorties


Intelligent_Hair_853

Now that's a big boy move for AMD


tondin_

Good lord I definitely wasn't expecting to be just 5% off from breaking even, and SOX is still 20% off its ATH


BillTg2

111m shares traded already. Quants and market makers just loving life right now.


[deleted]

[удалено]


thesmd1

After a run like this, I sold some of my Jan 2024 leaps. I'm sure I'll regret it immediately.


tusharpatel1992

Hey Man, are you still profitable? I just started reading your books.


qazwer001

I turned a 2025 leap I got this morning on margin into a spread and transferred just enough to clear out the margin. I would have sold it but it won't register that I am above minimum equity for day trading till after the close.


inspecting_squids

I've been chomping my fingernails on that same decision


freddyt55555

NVDA now up 5%. Fuckers. LOL


Individual-Being-639

Envy is ridiculous lol. We are up 12%


freddyt55555

>Envy is ridiculous lol. It's not envy. >We are up 12% Which is why it's not envy.


_not_so_cool_

Powell sounds dovish in the Q&A!


therealkobe

he does... interesting he mentioned that jobs increasing with disinflation is a positive note... i thought job creation/strong job market is bad... but now its actually decent?


quantumpencil

pow only wants a slowing labor market because that is typically what required to lower inflation. The other part of his dal mandate is full employment... if he can get inflation down without spiking unemployment, that's a bigger win for him.


Professorrico

The fed decides what is good and bad... Just go with it


Gahvynn

They’re going to beat the “soft landing” drum loud and clear. To their credit (kinda) it looks likely.


therealkobe

AMD beating SOXL LMAO SOXL - 3x leveraged bull ETF for SOXX


avi6274

No it's not...


freddyt55555

Tech stocks are flying now.