Advanced Micro Devices (AMD)

AMD and Nvidia make great products and have great leaders. They are best in class. The government is using chips from both companies for its super-computer as it awaits Intel's delayed product--that says it all.

Another meme stock. It's buying Xilinx. It's up 21% in the past week. Popped 5% because short-sellers had to cover, driven by the meme traders.

They report Tuesday. Its brilliant CEO has surpassed Intel. He hopes the CEO announces an end date to the Xilinx deal.

Question about Intel He much prefers AMD where the Xilinx deal will close.

Today, they announced a $4 billion share buyback. He suspects the CEO is tired of watching AMD stock get dragged down by the weakness of arch-rival Intel, though AMD is eating their lunch.

The semiconductor industry is incredibly volatile, too much for the return, so he stays out of it. AMD-Q has been doing very well and tied or overtaken INTC-Q.

AMD has the weakest balance sheet among the semis, but is entering a deal with Xilinx to diversify away from PCs against a resurgent Intel. Xilinx, also, sells chips to different markets--cars, aerospace, healthcare. This deal makes sense.

Has done a tremendous job of reinvigorating their R&D. Their chip designs are great and they are taking market share from Intel in many areas, including server chips. AMD can continue to make progress there. It is expensive, but could still buy here for a longer term hold. Better than Intel.

It reports Tuesday. A powerhouse in the data centres, taking share from Intel. AMD may be in better shape than people think. It was a top performer in the S&P today. He expects a good quarter.

AMD vs. INTC vs. NVDA Taking market share from Intel. Earnings growth is superior to Intel. Intel is in the midst of restructuring. Ongoing chip shortage, but this is a cyclical industry. Of the three, Nvidia has the most attractive long-term growth platform, but its valuation is very high. She's going to keep watching NVDA for an attractive entry point.

Got caught up in the most recent tech pullback. Likes the semi sector, but it's a different investment story today than a year ago. Now many sectors are doing well. A great company. He'd buy it here, but also look at other sectors. Take a look at TSM, the granddaddy of them all.