What's going on with this company?
They slashed their revenue projections plus 32nm yield issues plus possibly delayed AMD 7000 series plus no Bulldozer equals sad investors.
. What AMD should do though is focus more on marketing and passing themselves as being the "hip" card to own. Personally, I care more about what is under the hood but these days the "trendy" nerds all seem to care about having the stylish stuff. This is one area Nvidia has beat AMD and by extension ATI in every single generation.
this is simply not true. No companie have massive market share over the other.
(well, just nvidia have a huge lead at professional market, but amd is stealing like 1-2% of market share per quarter)
What's going on with this company?
Yes there are things going on. AMD announced they already know 3rd quarter revenue is going to be substantially down. Here is why IMHO, it's because in prior projections they have been announcing and starting to figure in 32nm cpu revenue. Imo, this is going to carry on, because there is not going to be much immediate BD server revenue, which was also mentioned in earlier quarterly reports, as to where future revenue was coming from.there's nothing going on, that's the problem.
Advanced Micro Devices lowers Q3 revenue guidance
9/29/2011 12:25:45 PM
Advanced Micro Devices, Inc. (NYSE:AMD). Last Market Price: 5.46, Change: -0.69, % Change: (-11.22%). Shares trade in the range of 5.45 - 5.65 dollars. It has a market capitalization of 3.77B dollars, making it a Mid Cap Stock and has 691.33M outstanding shares. The company has a beta of 2.13, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.09; P/E of 5.02. It operates in Technology sector and belongs to Semiconductors industry. Percentage shares held by institutional investors is 78%. The company has a 52 week high of $ 9.58 and a 52 week low of $ 5.45. Average volumes of shares traded daily are 23,280,000. Volume traded in the last session was at 27,110,000, 1.16 times the average volume.
- For the quarter ending Oct. 1, 2011 revenue is expected to increase 4% or 6% as compared to the Q2, 2011.
- Earlier it was forecasted 10% (+- 2%)
Read more: http://www.beaconequity.com/smw/129...ices-lowers-Q3-revenue-guidance#ixzz1ZRKjSmBA
What's going on with this company?
Yes there are things going on. AMD announced they already know 3rd quarter revenue is going to be substantially down. Here is why IMHO, it's because in prior projections they have been announcing and starting to figure in 32nm cpu revenue. Imo, this is going to carry on, because there is not going to be much immediate BD server revenue, which was also mentioned in earlier quarterly reports, as to where future revenue was coming from.
Advanced Micro Devices, Inc. Lowers Q3 2011 Revenue Guidance
Meanwhile, AMD's server processor codenamed Interlagos will also have difficulty shipping on schedule and is expected to be delayed to November.
Nvidia has lost 12 dollars a share this year
Its crazy how similar their stocks have been this year...
http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
There is a huge difference where Nvidia is and AMD is right now. AMD stock is now at it's 52 week low and this is repercussions of Llano production. I can only imagine how the Bulldozer situation is going to shake out.That's why you need to watch it over time and not start threads like this over 1 week,they've both been lower in the past then they are now,i remember Nvidia was down around 8 dollars and rebounded to 25.I remember there were threads here about the the stocks and the death of Nvidia
AMD (NYSE:AMD) shares are getting crushed after issuing revised and lower guidance for its 3Q, saying gross margins are expected to be in the range 44-45% against the previously expected 47%. Also, revenue will expand by just 4-6% quarter-over-quarter, instead of the earlier guidance of 8-12%.
The downshift in guidance is due to problems with its 32 nm line at a German plant which caused bottlenecks in the supply of Llano. The Llano product and its associated products enjoy better sales realizations. AMD is working with GlobalFoundries, the German partner to resolve these problems.
AMDs (NYSE:AMD) stock is trading at $5.46 today, down 11.22%. Shares are down 15.52% in one year. The stocks trading range for the year is between $5.46 and $9.58.
Time to buy AMD stock .There is a huge difference where Nvidia is and AMD is right now. AMD stock is now at it's 52 week low and this is repercussions of Llano production. I can only imagine how the Bulldozer situation is going to shake out.
AMD Shares Hit 52 Week Low on Weak Sales DataWall
You are probably right. The company is not going anywhere. But it may go a little lower before it goes back up.Time to buy AMD stock .