Advanced Micro Devices, Inc. AMD

Still crazy there is no interest in buying at these price level

Long term AMD is super cheap at this price level. Short term expect the worst

And Trump is not even in the office yet

Where is Trump when you need him. Telling everything is going great

What has been the essential bad news that triggered this selloff?

Not convinced should be up 2-3%

Not convinced should be up 2-3%

Looks dead already

$AMD ?? $AMD’s CFO came to the Barclays stage and delivered what felt like a pep rally for the company’s future in AI and data center GPUs. They’re not pretending to be $NVDA, but they’re clearly gunning for a bigger piece of the pie, and they’ve got the receipts to back up their ambitions.

The Product Playbook: #MI300 is up and running, #MI325 is fresh out of the oven, and #MI350 is coming to town in late 2024. $AMD’s got a multi-year roadmap that screams, “We’re here to stay in the AI arms race.” By 2025, they’re promising an even more stacked portfolio. No fluff, just a consistent push to drop competitive products every year.

Margins Matter: Gross margins are a big deal, and $AMD knows it. They’ve jumped from 50% in 2023 to a projected 53% in 2024. That’s significant, but the data center GPUs, while promising, are still a drag on the average. It’s not ideal now, but they’re playing the long game—expect that margin to climb once scale kicks in.

Customer Game Plan: This part of the pitch was about credibility. They’re already working with $MSFT, $META, $ORCL, $AMZN (yes Business Insider article was BS) basically the who’s who of hyperscalers. But they’re not stopping there. $AMD is broadening its scope, working on inferencing and training with these giants and tapping into enterprise workloads. They’re diversifying, which is corporate-speak for “we’re not going to let one big client dictate our future.”

The $NVDA Shadow: Everybody at Barclays knew $AMD’s competition starts and ends with $NVDA. The CFO didn’t dodge that fact but leaned into their strategy of carving out a differentiated lane. They’re not saying they’ll dethrone NVIDIA tomorrow, but the groundwork is there: products, partnerships, and positioning.

AMD’s not just hanging out in the AI and GPU markets—they’re making serious moves to claim a bigger slice of two of the fastest-growing tech sectors on the planet. The product roadmap looks solid, the margin game is improving, and the customer base is diversifying. It’s not perfect, but if they execute, this story has room to run.

That’s the breakdown. AMD’s playing offense, not defense.

Not moving much might close my calls already before market opens