$Advanced Micro Devices(AMD)$ $AMD 20241018 180.0 CALL$ π I opened positions in the dip πΊπ ±ππ »π »π Έππ · πΊπ¨π°ποΈ AMD CEO just unveiled $AMD's new chip for Generative AI the "Instinct MI325X"
AMD CEO Lisa Su just said $AMD sees the AI Accelerator market growing by a CAGR of 60%+ over the next couple of years up to a $500 Billion market
$AMD's new MI325X chips goes into production this quarter and will be available in ποΈ Q1 2025.
Facebook's $Meta Platforms, Inc.(META)$ VP of Infrastructure and Engineering just told $AMD CEO Lisa Su:
"With every EPYC generation, we've continued to expand our deployments"
βΌοΈπ¨Another +$14,000,000 UNUSUAL CALL BUYING for $AMD today π 8NOV24 SP $160
That's nearly $30M from just ONE buyer within the past 48 hours.
π€ Someone knows SOMETHING π
@Tiger_comments @TigerStars @TigerPicks @TigerWire @TigerPM @TigerGPT @Daily_Discussion
Modify on 2024-10-11 01:00
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Based on the supplementary information, I found the following relevant news articles about AMD:
"PC Demand Is Still Weak. That's 'Not Great for Intel and AMD,' Analyst Says" - Weak demand for PCs is raising concerns for both Intel and AMD. PC demand had peaked during the height of the Covid-19 outbreak but hasn't fully recovered yet. Investors will learn more about the impact of PC demand on both companies when AMD reports its third-quarter results on October 29. Intel's third-quarter financials come on October 31. Read more
"AMD (NASDAQ:AMD) Could Unveil New AI Processors at 'Advancing AI' Event" - AMD is expected to unveil several new AI processors and advanced chips at its "Advancing AI" event in San Francisco. This event could potentially lift sales and drive the stock price. Read more
"AMD's AI Product Event Likely to be 'a Fade-the-News Event' Says Analyst" - An analyst believes that AMD's AI product event may not significantly change the narrative, and that AMD will likely remain a distant second to its rival in the AI market. The focus of investor attention is expected to be on AMD's MI-series. Read more
Unfortunately, I couldn't find any news articles directly related to the announcement of AMD's new chip, the "Instinct MI325X," or the unusual call buying activity. However, it is worth noting that the AI market is expected to grow significantly, presenting potential opportunities for AMD.
Please remember that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it's essential to conduct thorough research and analysis before making any investment decisions.
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?