AMD is eating Intel's lunch and is going to make significant inroads in the cloud datacenters. They're at something like 5% and could easily go to 20, 30 or more percent of the server farms. If you go onto AWS you can buy these instances.
My home setup is a Ryzen 16 cpu box and it screams, plus it was cheaper than a low level Apple...
The support levels for Intel are at 43 and 47 with the long term trend being up. In this trend when support has been hit the stock eventually breaks to new highs.
It's in a nice trading range for option positions ; a long bull spread (Put or Call).
Huge breakout. The catalyst (see my previous AMD posts) Intel’s failure to come up with the next gen chips they are now far behind AMD and will be playing catchup for the next few years.
It appears to me that a new range 60+ will be...