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Comment by ethanpil | Hacker News Reader

I'm ignorant in stock trading, I admit. But I dont understand why AMD stock isn't blowing up. It's done a recovery after a market wide dip, but hasn't all this Intel beating news raised the hype? So many other tech companies are so severly overvalued and hyped daily. Why is AMD a steady 28-32?

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With a p/e of 166, there’s a lot of optimism priced in.

Even more amazing when you compare it to Intel with a p/e of 11

Considering how undervalued they have been for the last decade, things have moved definitively in the right direction. The recent releases and developments are still fresh news and i suspect the people/computers responsible for most of their volume operate at a longer timescale

It took a while to get the jump from 10 to 30. I actually was unlucky for selling just before, as it took too long ( holding it for a year).

I see it going to it's old peak soon. And it will just be as swift as it was before

It was below 3 in 2016.

This. I bought at $1.56 and sold at $29 for an unbelievably awesome trade. Will pick up more anytime it dips below $30.

TL;DR: industry momentum

I've read this elsewhere on HN, basically it boils down to having great tech doesn't mean everyone drops all their existing Intel tooling or Intel-optimized source code. If you care a lot about performance, then you'll care about those things. For everyone else, they just want a reasonably priced processor, and most PC manufacturers have large contracts to get those CPUs at a good enough price from Intel to also not want to switch all their motherboards and factory setups and driver in order.

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