#$AMD

Also in attendance: the CEO’s of $AMD $AMZN $ZM $GE (we bring good things to light irony alert)

“.. They haven’t made a penny off of any of this stuff yet,” said @scottlincicome.bsky.social. “They keep saying they’re going to, but it really only works under a scenario that, at this point, is highly speculative, if not unlikely.” @politico.com $AMD $NVDA www.politico.com/news/202….

Large cap movers are a red sea of semis $ARM -9.2% $MRVL -8.8% $QCOM -7.9% $INTC -7.7% $AMD -7.6% $SNDK -7.3% $MU -7.3% $MPWR -7.2% $WDC -6.7% $KLAC -6.4% $NXPI -6.3% $AVGO -6.0% $AMAT -5.8% $CDNS -5.7% $LCRX -5.6% $MCHP -5.4% $TXN -5.4% First non-semi on the loserboard for today is $SHOP -5.3%

CITI, on $AMD: ".. While we have been constructive on the inflection in agentic AI led CPU demand and AMD to be the major beneficiary of it .., we now see AMD emerging as a legit second source in the GPU market with company poised to win lion’s share at Meta .." Ups to Buy/$575

$AMD testing ~$200 for the fifth time since November alone.

$NVDA has been providing capital to a lot of its customers as part of chips deals, $META is providing capital to $AMD as part of a new purchase deal.

BREAKING: Advanced Micro Devices, $AMD, earnings: - EPS: $1.37, est: $1.29 - Revenue: $10.2 billion, est: $9.9 billion

First big sign that the financing demands of the AI boom are starting to constrain investment ambitions: Oracle drops after report that the cloud giant and OpenAI scrapped plans to expand a data center site in Texas sherwood.news/markets/orac... $ORCL $AMD $NVDA

Berkshire Hathaway, the ultimate anti-AI stock: -easy source of funds to be OW Mag 7 AI plays -top holding is $AAPL (no AI capex) -For S&P 100, $BRK most negatively correlated w $AMD & $ORCL, the least-good mega chip/hyperscaler cos -v negatively correlated w momo sherwood.news/markets/berk...

Futures barely moving after Nasdaq hit a record close yesterday. Meta's Muse app topping the App Store, AMD crossing $1T, and Intel ripping 12% did the heavy lifting. Today is “hold the gains or fade the pop” until we hear something new from the UN or China talks. $SPY $QQQ $META $AMD $INTC

Under yesterday’s lows $SKHY $SKHY $MU $NVDA $AMD $WDC

$AMD getting shitcanned on a double beat with strong underlying deets and better than expected Q1 sales guidance sherwood.news/markets/amd-...