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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Petz who wrote (275862)2/5/2023 2:13:04 AM
From: combjellyRespond to of 275869
Probably wise. Intel is in a bit of disarray right now and looks like they have swapped places with the AMD of old where they compete on price.

To: Petz who wrote (275862)2/6/2023 12:54:48 PM
From: TenchusatsuRespond to of 275869
Petz, AMD is well-positioned to take even more market share from Intel, particularly in the data center.

Right now, AMD's P/E ratio is in the triple digits, but then again, at least they have earnings unlike Intel who is in the negative right now and have to do layoffs and pay cuts.

Stocks are forward-looking, so it's hard to see another tech crash this year. The mass tech layoffs were atypical of the American economy, which overall added tons of jobs. That means the tech layoffs were sector-specific. I think it's a correction after a few years of overhiring.

If there is to be a recession this year, it will likely be mild but a bit dragged out as inflation worries continue and the Fed keeps raising interest rates.