AMD

Arrowhead_Pride15

WallStBets was all over NVDA and AMD like 8+ years ago

RepulsiveDisaster671

#AMD pumping

DrB00

I just figured TSM is safer because even if AI bursts everyone still needs their chips made by TSM for anything and everything. If AI bursts NVDA is going back to making video cards for PC enthusiasts and that's about it. Since AMD is the go to for a lot of console manufacturers.

Historical_Air_8997

The real shovels play is ASML. But TSM and NVDA, shit even AMD, are all pretty solid companies to own and at the forefront of the AI boom/bubble/revolution

DietFoods

Can't post links to the site here so I'll just copy and paste the data.. Q3 Revenue Growth, YoY % Change... * Palantir $PLTR: +63% * Nvidia $NVDA: +62% * AMD $AMD: +36% * Meta $META: +26% * Microsoft $MSFT: +18% * Netflix $NFLX: +17% * Google $GOOGL: +16% * Amazon $AMZN: +13% * Tesla $TSLA: +12% * Apple $AAPL: +8% * S&P 500 $SPY: +6%

ObservationalHumor

Biggest bear case is just that the big LLM based AI startups fail to reach anywhere the revenue milestones they've projected and funding to them gets cut off at some point and with it hundreds of billions to trillions in projected AI infrastructure spending does too. There's also less binary outcomes where say public LLM models end up remaining competitive over time and maybe OpenAI and Anthropic never justify the hype around them but large established cloud providers like Microsoft, Amazon and Google continue to buy GPUs and roll out cloud services anyways at a somewhat reduced rate. Alternatively you just have competitive pressures eventually eroding Nvidia's substantial gross margins (forecasting north of 74% for Q4) in the longer term because that's what competitive markets do. In an extreme scenario you have something like Intel that had a massive lead on AMD back in 2017 and just spent the last 8 years squandering it to the point of non-competiveness and sizable market share losses. All that said Nvidia clearly has a lot going for it still. It's growing, it's highly profitable and producing tons in cash flows without a whole ton of capital requirements or inventory it needs to carry. It's forward valuation also isn't that crazy compared to a lot of other plays. At a forward P/E of around 26 prior to earnings one could make the argument it was even fairly cheap given its earnings and revenue growth. I mean I'm skeptical about OpenAI being able to justify $1.5T in spending over the next few years but I still bought NVidia shares going into earnings here and some calls because it was objectively cheap and it's clear the investment spigot hasn't been shut off yet too. Q3 earnings were already in the bag and deals have still been happening since. It's easy to come up with potential scenarios that might happen down the line but I don't think there was really any sane case to short it going into earnings this time around.

Riches789

AMD is good but NVDA is better and cheaper though.

GoyEater

I’m full AMD in my pc at this point and its an absolute monster. The 3d cpu is a game changer.

damnthatbooty

Nostradumbass here is telling you morning prices come one cum all Googl 310 Amazon 240 Appl 274 Nvidia 198-199 AMD 239 Hood 125 Msft 508 Meta 620 Nflx 113 Lly 1,080 Bears assholes gaped thank you that’s all

AggieDem

AMD isn't destroying money... False advertising.

BionPure

This right here. AMD offers value if you are not going to run an LLM locally

RacistAIBot

AMD

Cav829

This. It's a smidge higher of an earnings beat than I expected, but this is all in line with estimates I heard throughout the day. NVidia went so late in the cycle you could guestimate a lot of this information from other earnings calls. But what a bunch of people are ignoring is that the AI Bubble turbulence sobered a lot of people up to the mounting economic issues out there. This doesn't change for me the fact we even got into this spot in the first place where everyone looked to one earnings call to stop a full-on major retraction This doesn't change the fact everyone is seemingly ready to panic again if we don't get a rate cut. This doesn't change another looming shutdown in January. And meanwhile it'll be another 2 and half months before AMD and NVidia get to remind everyone again they're swimming in bins of money built on CPUs nobody can plug in. I ain't touching my 401 allocations, but I'm still not sold on anything but short-term plays in the near future. I don't get why so many want to be full bull or bear at all times other than people only got into investing in the last few years when you could practically throw darts at stock and make buckets.

boringestnickname

In terms of the actual hardware in the business space, AMD are doing fantastic. Look at the TOP500 and GREEN500. Consumer space, software, complete tech stack on the GPU side, not so much. I really wouldn't discount them. They have extremely competent hardware engineering. Easily rivaling Nvidia. Trouncing Intel. Their Achilles heel is CUDA. Generally being too late to properly tag along. When they didn't have an immediate answer to Nvidia's GPGPU push, they simply fell too far behind. Playing catch-up when so many people and environments are entrenched in CUDA is a tall order.

CrowdGoesWildWoooo

Only AMD is the meaningful competitor in the scene. Intel is catching up, but still very far. This is a market with huge barrier of entry because of the knowledge and expertise requirement. If you’ve dealt with AI, TPU is not really the most user friendly tool to work with, google is the most consumer of their own tools and they aren’t planning to release it to the open market even something like for edge compute. They want to package it so that people buy through google. The challenge for AMD is simply CUDA. CUDA is still the widely use tool to interact with GPU, and the most widely used. Ask most engineers if they have to choose which GPU for serious ML related stuffs, they’d still recommend Nvidia GPU due to CUDA support. For inference then yes it is much less restrictive (i.e. you can use AMD, intel gpu) but still less stable and flaky.

DeliriousOwl3

AMD gonna be the big winner from NVDA backlog. The alpha lion can only eat so much water buffalo before the hyenas get to feast.

sugardadddyy

buy an AMD

cafedude

Sure, but there's a lot of incentive now to take away Nvidia's near-monopoly because there's a lot of $$$ involved. Google for the most part isn't using GPUs, they're using their own TPUs. Other players like AMD are starting to get some traction as well. This is why I like MU - no matter who's inference architecture does well, they're going to need fast VRAM and MU makes that.

KittyLover-7

Jensen even made AMD green from -4%

SippieCup

Second fun fact - The newest gen Google TPUs are ~90% the performance of blackwell, so they are slowly catching up, maybe a generation behind, similar to AMD. But my bigger point what you said, You can own the hardware and you are paying up-front for the hardware costs. Thus, nvidia is obviously going to have an unmatched number in their order books, unless google starts doing mark to market. So yeah, nvidia is ahead, but the comparison on booking revenuing vs google is probably the worst one you can make. The only _big_ difference between them is the lifecycle of these chips. All those GPU being bought are going to be cycled out fairly quickly as there is a power delivery ceiling in the datacenters, there's gunna be a lot of cards in the next couple years that are going to be basically thrown out because there is no place to put them to keep em running, because it'll be taking the space a higher performing card could have instead. At least renting from google insulates you from that. You can pretty much always have the latest hardware, and google can easily cycle them back into their own internal use.

willbabu

😂 Jensen lowkey slighted AMD so many times during the call

willbabu

😂 Jensen lowkey slighted AMD so many times during the call

beepingclownshoes

I was working at Merrill in 2014 and distinctly remember hating Nvda because I bought AMD and they were getting spanked comparatively.

Mister__Mediocre

Circular investing is somewhat okay, since I'm using the money to predominantly invest in AMD, Meta and Google for now. I don't necessarily need Nvidia to crash, only for them to grow slower than the others (after accounting for borrow rates). In fact, I'll make more money if Nvidia stays stable (and other stocks go up more) than if the bubble collapses and they all fall down.

notbadftw

!banbet AMD 260 30d

rumblegod

So AMD is pumping because it’s to hard for nvidia to go up higher huh

shes_a_gdb

Never say never. AMD, for a very long time, was inferior to Intel. Now Intel is basically a joke and AMD is twice as valuable as Intel.

oldbeancam

I hope we hold some/most of this for the morning. I have AMD calls I’d like to off load.

0AskJeeves0

it's crazy to think that NVIDIA's float is 14.4x AMD's float and can still move so forcefully in the market in the same sector

BacktestAndChill

Today was a pretty good day. I own NVDA and was trading NASDAQ futures off and on. Wasn't holding the futures during earnings because I'm stupid not crazy. My AMD and AVGO shares did well also.

Desperate_Recipe2450

AMD is gonna have a field day rest of week

DeliriousOwl3

NVDA backlog will be huge for AMD. Stonk going to the moon.

Powerful-Call5148

AMD up more than NVDA. Fucking laughable.

igotshrimps

I'm a genius for buying AMD calls for NVDA earnings

SaaSGrass

ALL OF THE 1% COMMENTOR BEARS ARE IN SHAMBLES. I BARELY WORKED FOR 2 DAYS AND WAS INSTEAD BUYING AMD AND NVDA ON MARGIN CALLING ALL OF YOU IDIOTS WHILE YOU MOCKED ME https://preview.redd.it/svo80wavaa2g1.jpeg?width=750&format=pjpg&auto=webp&s=02f39175dae1ad5bfee661235a08ecc5c6a4081c

Senior_Professional4

Nvda market cap is up over $300bn today that almost an entire AMD 😭

notbadftw

!banbet AMD 260 1m

mislysbb

I’m also invested in AMD (despite wanting to jump off plenty of times) and I like what they’re doing with their GPU’s, but they will never, ever be on the same level as Nvidia imo. Guess I’m okay with that given how many shares I hold…

Character_Push_4662

NAH fuck them. NVDA Take your sister AMD to the moon!

Crazy_Donkies

No. Data centers, MU, AMD, AVGO, all up 2% or more.

Nefarious_AI_Agent

AMD feeling left out, wants to join the dun

JBallMan23

I mean these GPUs will need updating every few years and I don't see AMD or other companies grabbing too much market share. Although im also invested in those

DefiantDelta

theta total knockout. AMD earnings are way more fun now

ayashifx55

AMD also crushed its earnings, funny how it went down LOL!

JusticeBrennanBurner

Surprised people are surprised that it shrek cocks and then dumps immediately after… this has only ever happened literally every Nvidia/AMD earnings

Glittering_Water3645

That´s what people said when I bought AMD and GOOGL during the spring and made them 50% of my portfolio. "Advanced money destroyer" and "search is dead". Look at the numbers instead of the chart and ignore the bad sentiment.

SaaSGrass

Bought a shitload of AMD before close

JeremyChadAbbott

Wierd no one else could compete for parallel compute during crypto boom either. No miners worth thier salt bought AMD.

chromevfx

WH opening AI chip sales to China would be massive for AMD.

ReddditModd

What would happen if the AMD lady and the NVDA leather jacket guy had a baby?

Habstah

!banbet AMD 230 1d

alderson710

lisa and jensen will appear on stage kissing each other and NVDA-AMD will unite in a new kingdom that will everything and everyone!

NeedToMakeMoneyz

wtf was that AMD candle

EntertainmentOk1185

AMD ragebaiting

Sunny2456

245c for AMD and 165p for NVDA. Ones a sentiment play and the other is a bear play. Both pretty otm but who knows

TheoryInttro

AMD. Puts. Because Advanced Money Destroyer is back and wrecking my shit so far.

NotMe357

AMD, why can't you be like your brother? Lol

davidbigham

If NVDA fk this up, then it is over for AMD boyz. 😂😂

Wonko-D-Sane

https://preview.redd.it/lxckxp4az92g1.png?width=278&format=png&auto=webp&s=455236b40af91368334bd0d46ace7a8970f44bea W-h-aaaaT?! I can't hear your smashing noises over all the noise my imaginary numbers are making. Also... a big bag of AMD, MSFT, and some others....

Beginning_Coffee_993

Thanks god. My 1 year hold AMD end at dec 12th and I can sell before this release 😂

thetaFAANG

yeah, if Google started selling them it could be a short term win But their general software and hardware support is probably worse than AMD so its best if they keep their hardware internal

HellKnightKilla

Bruh I'm super tempted to grab 11/28 AMD calls to piggyback off any news from NVDA earnings, but it's a high gamble

BearishBull69_

If every number and word spoken by management does not enstill complete confident in full steam ahead, this report will be taken negatively. We know that the numbers will be strong and surpass estimates, so every word that Jensen says is going to be carrying a $315 billion price tag. Also, has AMD closed the gap just a touch since the start of the year? I think so. Is that priced in? Maybe. Does that eat at NVDA's revenues just enough to make an impact? Probably not, but maybe. yeah idk

davidbigham

If NVDA fk this up, AMD will be under $200 tmr 🤡

frey_to_tilt

No matter the result, AMD gave up alredy...

averagetoddler

does NVDA missing expectation could lead to price increase in amd since its a competitor ?? or it's going to sink AMD down as well?

thec4nman

AMD back to 95 6 MONTHS

Soundsgoood5

AMD silently destroying again . . .

AcademicStandard3701

AMD puts 🤑 🤑

averagetoddler

OH MAN..my MU and AMD calls will be cooked now.

Commercial_Seat_3704

AMD guh

E39_CBX

NVDA pumping and AMD dumping. What does this mean?

bearhunter429

#AMD just went bankrupt LMAO🤌

increase-ban

SOFI, AMD, META, AMZN, PYPL, HOOD, BMNR, AXON, HIMS, NU BMNR is killing me.

gkdjsl

These AMD $300Cs will make great Secret Santa gifts, just gotta wipe off the blood

Ill-Ad1603

AMD < 200 soon…

gkdjsl

AMD not even recovering when VIX is dropping like other tickers, it's ogre

Basat098

I apologize for the length! You’re assuming “nobody is earning money” in AI because you’re fixated on early-stage players like OpenAI and CoreWeave, but you’re ignoring where the actual profits are accruing: the infrastructure layer. NVIDIA’s data center revenue is up over 400% year-over-year and generated over $30 billion in net income in the last four quarters, more profit than Intel, AMD, and IBM combined. AWS, Azure, and Google Cloud are reporting double digit growth in AI-driven cloud workloads, with AWS alone adding roughly $15 billion in annualized revenue from AI services last year. Meta’s AI capex is already showing up in the P&L through Reels optimization and ad-targeting efficiency, driving \~25% year-over-year revenue growth, its strongest in a decade. These are not hypothetical earnings; they’re realized profits from AI deployment. On CoreWeave specifically, the earnings you cited don’t prove a bubble, they prove the opposite. Revenue doubled YoY from \~$584M to \~$1.36B, and adjusted EBITDA hit \~$838M with a 61% margin. The headline net loss is driven by interest expense and massive capex for data centers, GPUs, and power contracts, exactly what hyper-growth infrastructure looks like in its buildout phase (same story we saw with AWS, TSMC, and every major hyper scaler early on). The $55.6B backlog is not “made-up revenue”; it’s locked-in multi-year contracts with Meta, OpenAI, hyperscalers, and enterprises, i.e., committed future cash flows. Their \~$1B+ quarterly revenue reflects how fast they can deliver capacity, not how much demand exists, if they had more GPUs and power, the backlog would convert faster. Backlog far exceeding current revenue is normal in constrained industries like semiconductors and aerospace. The broader claim that “nobody is paying for AI” is simply false. Fortune 500 AI budgets are up something like 60–120% YoY, with individual companies spending from tens of millions to over a billion annually on copilots, inference APIs, fine-tuning, and data integration. These contracts are not $500–$1000 retail subs; they’re $50k–$20M enterprise deals. The money isn’t coming from retail speculation, it’s coming from businesses integrating AI into productivity, automation, CX, and analytics. Profit pools today sit at the compute, cloud, and enterprise layer, not necessarily the flashy consumer apps you’re focusing on. A bubble is when revenue is imaginary and demand collapses the moment capital tightens; here, revenue is real, demand is accelerating, and the bottleneck is supply (GPUs, power, data centers), not customers. That’s classic early cycle industrial scaling, not a bubble.

gkdjsl

AMD sending me straight to the poorhouse

Character_Push_4662

Bullish divergence on AMD. This PoS gonna rip tomorrow. RIP or RIP? Up to you to figure that out.

NotMe357

Usually, when the market dump then RDDT will front runs the market but now AMD take the lead lol

thalassamikra

Su bae puts printing. I guess no matter what the NVDA results, AMD dumps for sure

aboulex

https://preview.redd.it/blkq0cg1r82g1.png?width=1069&format=png&auto=webp&s=c498d6f715accf2ac815acde966ebec7f66abd04 No rush Im already in position now holding NVDA AMD GOOG and NBIS lets see who surprises me

GildedWarrior

This ⬆️⬆️⬆️⬆️⬆️ then all TSMC and AMD will be discounted

btb0905

The dilution for each tranche only represents a small discount on the purchase of the gpus. Something like 10% on a product with 60-70% margins. In exchange, OpenAI will be optimizing their open source Triton backend for ROCm which helps AMD sell more gpus to other customers. It's a good deal.

Bababoueyyy

AMD will have a bigger move on NVDA earning than NVDA itself

TheGraeme95

Nooo AMD wtf

topdangle

I mean they very much pushed the GPGPU trend. it wasn't a thing back then and people also mocked it because adoption was extremely poor at first and there were other issues like significantly worse quality compared to CPU or intel quicksync. nvidia is laughing all the way to the bank now, but they bet the farm on GPGPU. If AMD and Intel weren't so incompetent they may have cut Nvidia off before they were able to build a following, but at the time AMD was on fire and Intel was spending all its money bribing people.

ashm1987

That's what worries me a bit. I bought BRK.B as a hedge against the tech bubble, and now they started buying tech stocks at the peak? If they eve touch stocks like NVDA or AMD, I'm out.

BallsOfStonk

This is: 1.) A surefire way to get a government handout. 2.) A surefire way to run the company into the ground, in perhaps the single hardest, low margin, no room for error business on the planet. There is a reason TSM is the only remaining cutting edge fab on earth. There is a reason Intel and AMD both stumbled and failed here. It is perhaps the hardest science problem that exists in modern business, and if you fuck it up for 18 months and miss a die shrink, your business essentially goes under.

lizardan

Buy AMD

given2fly_

I looked at a GPU upgrade last year, and whilst they're a bit more expensive than AMD or Intel, you can't argue with the performance and features.

hopewellroad

Thank God I got out of my META calls… only to end up buying AMD calls instead.

gkdjsl

NVDA please take your little cousin AMD with you when you're going to the moon park

dansdansy

I'd be surprised if NVDA tanks on earnings, AMD just had an amazing quarter and outlook

DetectiveSingle9846

it dilutes if AMD gets to $600 a share lol

Educational_Net4000

That's not completely true though. Tons of internet/computer companies had legit businesses during the late 90s. Gateway, Dell, HP, Cisco, Nortel, Intel, AMD, Corning, etc. I think the better analogy is probably AI and 90s telecom/fiber optic companies. A legit business that overbuilt, became a commodity, and couldn't sustain their PE ratios.

thesexycucumber

Trimmed down my TSM and AMD shares, this tingle in my bumhole is the sell signal.

AutisticMisandrist

AMD for real gave them free gpus and dilluted the stock? what kind of idiots pumped it to $250 lmao

JoeJoeJoeJoeThrow

So should I be investing in Nvidia, AMD, etc etc? So many mixed messages