$Advanced Micro Devices(AMD)$ Earnings-driven stock price swings probably depend more on election results than on earnings themselves. Market makers are pushing AI names lower to accumulate shares. I would not be surprised if they use any excuse to drag prices down further. Helios shipped late in the quarter, so expectations of a large Helios contribution seem unwarranted. CPU sales were superb. Guidance will likely be tempered by Lisa Su's conservative style. Otherwise, guidance would be the moon, Alice. Long term is what matters. Long term, AMD revenue and profits could double every one or two years. That is good enough for me. It beats inflation and ten year Treasury bonds.
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