Yesterdays selloff was only weak hands getting out. Best time to buy the dip imo!
Bad news from Intels open letter for the Suppy shortage update, what it actually said:
"we cant seem to make our 10nm work in time, originally we had planned 10nm for 2015, but now we need more time to at least end of 2019! lol?
in the meantime we get back to 14nm to provide supply in hope of people sticking with us instead of our competitor AMD who can almost deliver 7nm!
pls sell amd and buy our stock. we are so desperate but full in money that we can easily spend 1BILLION into OLD 14nm tech chips that need at least 6+months time to be ready to ship!"
that open letter was a buch of garbage if you ask me. intel was only kicking them self with this one.
this only meand AMD will have further makret share growth in CPU and Servers for another 2 quarter.
weak hand and amatuer investors misinterpret the letter and sell AMD weak handed to pump in Intel that is gooing to suffer a lit next year.
dont be so dumb and make proper DD. AMD is the future, end of story!
Intel will evolve into a slowly sinking ship!
i am long AMD since the nice panic selloff provided a greewat dip buy, with a big amount of money (good 5 digit sum)!