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.