1/24/2019 AMD 19.80 to 20.85

AMD, NVDA and INTC all up today.

Intel reported after market close. Intel fell big after hours, AMD down slightly.

https://www.cnbc.com/2019/01/24/intel-earnings-q4-2018.html

In short, Intel miss on Q4 revenue and gave weak guidance, especially in regards to data centergroup (DCG). Intel gave a lame excuse, something about cloud providers bought too many chips and are now “consuming” them. Of course nothing about AMD taking their shares. More analysis to follow.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s