To The Moon

AMD & SMCI Miss Earnings! 100% Chip Tariff Incoming?! Oversold or Opportunity?

> 😱 Earnings flops. Tariff shock. Tech sell-off?

$SUPER MICRO COMPUTER INC(SMCI)$  plunged 15% on weak guidance. $Advanced Micro Devices(AMD)$   stumbled, too — despite a revenue beat.

And now, Trump is talking about a 100% tariff on imported chips.

Are we looking at a short-term dip… or the start of something nastier for semiconductors?

Time to buy the pain—or watch from the sidelines?

2. What Happened in Earnings?

$AMD

Delivered Q2 revenue of $7.69B vs $7.42B expected — a mild beat.

EPS came in at $0.48, missing the $0.49 consensus.

Not catastrophic, but with the AI hype dial turned way up, investors expected perfection.

$SMCI

Dropped 15% after delivering both a earnings and guidance miss.

A double whammy hiccup: growth slowed and optimism took a hit.

Sellers chased profits hard, especially after a strong run.

Bottom line: The market priced in perfection. NIM pressure, AI hardware cycles, and execution concerns are coming into view.

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3. Trump’s 100% Tariff Threat — Bullish or Bearish?

🇺🇸 On paper, it seems bullish: taxing foreign chips at 100% could theoretically favor U.S.-based chipmakers like AMD and SMCI.

But let’s dig deeper:

The global chip ecosystem is heavily integrated—likematerials, equipment, and subassembly come from abroad.

Tariff rollouts disrupt supply chains, inflate costs, and shift timing—not necessarily boosting revenue.

Past tariff cycles created headaches—not windfalls—for U.S. tech.

In essence, Trump’s tariff talk is a geopolitical wildcard. It could help domestically but could just as easily spark volatility and uncertainty.

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4. Are AMD & SMCI Oversold—or Is More Pain Ahead?

$SMCI

The 15% plummet may look tempting for bottom-fishers.

However, high expectations and bloated multiples still leave risk in place.

Without a clear rebound, selling pressure may continue.

$AMD

Still richly priced with a forward P/E well north of historical norms.

But the company sits in the middle of the AI infrastructure wave—data centers need chips.

A slow slip could prove short-lived if macro stabilizes.

My take: This feels like a “shake out” moment. Smart money may fade in at these levels, but only scale in—be patient, allow price clarity, and watch fundamentals.

Final Take 

Starts to look like a buying opportunity in the making… but caution is required.

On balance, I’m scaling in slowly—not chasing the jump.

So what about you?

Are you buying $AMD and $SMCI after the drop?

Or do you think tariff fears and guidance risk mean more downside?

👉 Drop your take below — long, short, or sitting on cash? Let’s hash it out!

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> Disclaimer: This is for informational and educational purposes only — not trading advice.

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