AMD Q2 FY12/24 Earnings Review

Theme Tune For This Print - "Just Can't Get Enough"

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Kickback Orders Are Still Orders

by Alex King, CEO, Cestrian Capital Research, Inc

Well, the primary reason to own AMD, according to AMD, is that folks can't get ahold of enough Nvidia devices. So whilst the company's products may have failed the Pepsi Challenge, since everyone has a caffeine addiction and the store doesn't have enough Coca-Cola, folks be buying Pepsi. Which is to say AMD. Don't shoot the messenger. I don't make the rules.

Here’s the headline numbers as of this quarter. It was a very good quarter - revenue growth and cashflow margins trending up for the first time in a long time.

Read on for our full financial analysis, valuation take, technical analysis and stock price target!