AMD drops to lowest level since 1979

NASDAQ:AMD   Advanced Micro Devices Inc
68 4 4
Advanced Micro Devices             ( AMD             ):
Recent event: job cut and restructuring to save $58 million in the 2016 fiscal year.

Firstly, AMD             aims to increase its investment in graphics products (now a separate division), will be more competitive with NVidia             in the GPU market which is mostly related to gaming hardware, because E-sport is a massive growing and booming industry so this still keeps providing opportunities for AMD             .
Secondly, AMD             announces new next-gen Zen             CPU             will begin shipping between 2016-2017 and if this new core generation is successful, obviously it will lift off the sale, continuing a new product lifecycle Zen+ and expect to improve its financial performance for the next few years.

Comment: Generally AMD             has made the right moves to regain market share from NVIDIA             and Intel             in the near future. Although Jim Keller, AMD's chief CPU             architect, left the company, this event did affect investor's emotion, but that is another story. Zen             CPU             is still promising to me, the final project of a legendary microprocessor architect at AMD             .

My AMD's future bet is $7 target
My Short-term trade:

Note: invalid level of this idea is below $1.6.

Thank you for your reading.
Trade active:
future target opens $7
Trade closed: target reached:
Comment: ^^! beautiful
very nice move my friend
Good one, potentially a nice trade.
+1 Reply
MIchaelTran IvanLabrie
Thanks, Ivan.
IvanLabrie MIchaelTran
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