One part of the story I left out was what happened on that fateful day of July 24, 2020: while INTC shares dropped 16%, AMD surged an equal amount on a massive 205 million shares. (end of excerpt from AMD: Bull of the Day) Early in her career, Su worked at Texas Instruments, IBM, and Freescale Semiconductor in engineering and management positions.

I also expanded my knowledge of how the little gaming chip company had undergone an 'advanced' semiconductor revolution in the past six years under the leadership of Taiwan-born engineer Lisa Su. Release the Ryzen! AMD Roars in the Nanometer Wars I covered that in this article and video.

The catalyst was another advance in the PC wars against rival Intel. I became convinced about buying AMD pullbacks a year ago in July after the stock broke-out strongly from a consolidation around $55. Gerra also pointed out that the upcoming fork for cryptocurrency Ethereum could 'compound the demand weakness' for GPUs, adversely affecting Nvidia (NVDA).Īlthough Gerra said data center trends are still 'very strong,' it's likely that a peak in year-over-year revenue comes in the first half of 2022 and gaming-related revenue is likely to be weak for the rest of the year.Last week, I wrote about Advanced Micro Devices AMD as the Bull of the Day after another stellar earnings report and guidance handed my followers big new-high gains above $95.Īs a long-time investor in bigger peer NVIDIA NVDA, I talked about how I finally became an AMD fan last summer when they stunned the semiconductor world with Intel-clobbering advances in all product segments. Nvidia (NVDA) fell more than 5% to $218.80 on Monday, nearing a one-month low. Gerra also pointed out that a slowdown in PC demand and the Russian embargo sanctions will hurt the company's sales. Nvidia ( NASDAQ: NVDA) shares fell sharply on Monday as investment firm Baird downgraded the semiconductor giant on worries over order cancellations and slowing PC growth.Īnalyst Tristan Gerra cut his rating on Nvidia (NVDA) to neutral from outperform and lowered the price target significantly to $225 from $360, as the analyst said that consumer GPUs have recently started to see some order cancellations as a result of 'excess inventories.' JHVEPhoto/iStock Editorial via Getty Images

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