Nvda $NVIDIA Corp(NVDA)$ could be worried about a microsoft $Microsoft(MSFT)$ anouncement this week as to get ahead of the bad news for nvda, suddenly knocking them down several pegs and destroying their pps. At the same time validating a long term competitor in AMD $Advanced Micro Devices(AMD)$ . Open source is the icing on the cake for AMD and no one likes a monopoly. It's in EVERYONE'S best interest (except nvda) for AMD to penetrate AI marketshare so if the MI300 is capable then it will be supported heavily. If we have to wait for Dec 6th advancing AI event for an announcement then so be it. Lisa's promise of 2 billion sales was just a baseline and she won't tip her hand and will drop the bomb(s) in future quarters into 2024. Stacy Ragson in an interview with cnbc was in my opinion petty and showed NO respect for AMD in relation to their value vs NVDA and AMD's solid ytd gains, despite being coaxed in that direction by cnbc interviewers. It will be interesting if he eats crow if an anouncement is made or if AMD's success story continues. Very obvious bias to me. He wants you to buy their bubble for some reason... glta longs.
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