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Discuss – AMD stock just spiked up 6% anyone know why?
- api 9y agoMaybe a big three cloud provider made a purchase? If AWS, Google, or Microsoft Azure starts using AMD that's a big deal. Could also be a big purchase from a big vertically integrated large scale IT operation like Facebook, Twitter, etc.
- WhiteOwlLion 9y agoAMD hasn't figured out how to optimize power usage on their CPUs nor GPUs, but what choice do you have when Intel nor Nvidia are for sale?
- mtgx 9y agoProbably this: https://www.digitimes.com/news/a20180307PD206.html https://www.digitimes.com/news/a20180307PD206.html There have been a bunch of positive AMD stories lately, though.
- josquindesprez 9y agoThere are (extremely untrustworthy) rumors circulating around day traders' Twitters of a potential takeover by Microsoft. e.g. https://twitter.com/search?src=typd&q=amd%20msft https://twitter.com/search?src=typd&q=amd%20msft
- AlexAmee 9y agoI have no idea but I'm already short.
- quickthrower2 9y agoIsn't that just gambling, then?
- AlexAmee 9y agoI could not find any indicators in their quarterly report. I didn't believe that someone would buy AMD. I did not just short sell it instantly but I waited for news, once I realised that I was right, I shorted them and also made profit. I believe in the company and I think that this stock will be much more worth in a few years but those absurd gains were just panic buyers and once they realised that they were wrong they started panic selling. Great week for me
- quickthrower2 9y agoSo "I have no idea" wasn't quite accurate - you did have an idea. Your analysis showed the spike was panic buyers, and there was no indication of a reason for the spike.
- MobiusHorizons 9y agoFound another news article about takeover rumors: https://finance.yahoo.com/news/why-did-amd-stock-pop-174905878.html https://finance.yahoo.com/news/why-did-amd-stock-pop-1749058...