To The Moon

Based on Q1 announcement, Dr. Su's comments on XLNX merger has been proved to be true!Now AMD Q1 EPS already reached $1.13, even for 0% growth, it will get $4.52 EPS for this year!With the current guided 60% revenue growth, I won't be surprised to see AMD EPS:(1) at least $5.5 for this year(2) $10-12 for 2023(3) $15-18 for 2024And if that's the case, don't worry about how low manipulators may push AMD down, they will disappear or even join the AMD buyers soon!$AMD(AMD)$

This is likely the bottom. The market sell down previously due to fear of 75 BP interest rate hike . Now JP has confirmed this is not the caseFed Chairman Jerome Powell underlined the commitment to bringing inflation down but indicated that raising rates by 75 basis points at a time “is not something the committee is actively considering.”