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Topic: AMD stock going up, due to alot of people buying radeon cards for mining? (Read 1560 times)

legendary
Activity: 1652
Merit: 1067
Christian Antkow
Nothing to do with Bitcoin mining. AMD has some good stuff lining up over the next couple years with their GPUs and I think the markets are finally rewarding their slow turnaround.
KS
sr. member
Activity: 448
Merit: 250
Definitely not because of mining. 

No matter the reason for their turnaround, I just hope that they put more of that money into CPU R&D.  We really need more competition in the CPU market.

I agree but unfortunately that won't be the case, they are trying to distance themselves as much as possible from CPU market.

An APU is still a CPU.

They're still acting like cowboys is their problem. Intel is acting like a business (predictable, in a way, boring). When AMD will get that they need to have a stable process (Tick Tock anyone?), and deliver the chips in sufficient qty, maybe we'll be able to say they're finally out of adolescence (for a company founded in the 70's...).
legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
Definitely not because of mining. 

No matter the reason for their turnaround, I just hope that they put more of that money into CPU R&D.  We really need more competition in the CPU market.

I agree but unfortunately that won't be the case, they are trying to distance themselves as much as possible from CPU market.
legendary
Activity: 1268
Merit: 1009
Definitely not because of mining. 

No matter the reason for their turnaround, I just hope that they put more of that money into CPU R&D.  We really need more competition in the CPU market.
legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
AMD investor here.

Mining has most likely had a VERY small effect on the price of shares, GPU sales have not driven up the stock price. The price increase is mainly due to AMD's new restructuring/strategy looking more and more feasible. AMD is making a shift from the dying CPU market to gaming and is currently expected to have an APU unit in every PS4, Xbox 360, Steambox, and already the WiiU. Another thing that has been driving up the price of AMD is buyout rumors, it is believed that due to AMD's new shifting strategy it would be possible for Intel to buy them out without violating antitrust laws.


But simple short answer, GPU sales are not driving up AMD.
KS
sr. member
Activity: 448
Merit: 250
I don't think that's the reason?

Sorry, should have written "the whole reason behind AMD's legit x86 business existence..."

They had started as a RAM and logic chips company. They did like others and cloned some of Intel chips (8080/8088), tried their own, worked with Zylog as well I think, then got the Intel license (which intel said was good up until the 486 but not Pentium, which lead to litigation and...AMD still makes x86 CPUs).

EDIT: it was founded by a group of Fairchild Semi "expats".
legendary
Activity: 2674
Merit: 2965
Terminated.
I don't think that's the reason?
KS
sr. member
Activity: 448
Merit: 250
Wasn't there a rumor going around, that intel is/was gonna buy AMD?

If true, that could be the reason.
Don't think the government would allow that. That would give Intel a monopoly on desktop processors.

The whole reason behind AMD's existence is the State wanted a second source of x86 CPUs. Intel wasn't really happy when they had to license the rights to x86 fabrication to AMD.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
AMD seems to be turning itself around.
hero member
Activity: 770
Merit: 502
Wasn't there a rumor going around, that intel is/was gonna buy AMD?

If true, that could be the reason.
Don't think the government would allow that. That would give Intel a monopoly on desktop processors.

I just looked it up now.

http://blogs.barrons.com/techtraderdaily/2013/05/01/amd-spikes-13-on-heavy-volume/
sr. member
Activity: 287
Merit: 250
Wasn't there a rumor going around, that intel is/was gonna buy AMD?

If true, that could be the reason.
Don't think the government would allow that. That would give Intel a monopoly on desktop processors.
hero member
Activity: 770
Merit: 502
Wasn't there a rumor going around, that intel is/was gonna buy AMD?

If true, that could be the reason.
full member
Activity: 151
Merit: 100
Gaming scene as in AMD is the graphics provider for the next gen Xbox/Playstation. That combined market probably outsells their standalone gpu market as far as volume, although the price per unit is significantly lower.
legendary
Activity: 1176
Merit: 1001
It certainly isn't because of bicoin. I always tough amd to be undervalued, but that was a personal feeling not based on fundamentals or anything.
hero member
Activity: 675
Merit: 507
Freedom to choose
I just heard on some MSM TV channel that AMDs stock is going up and up right now, in about the last 3 months. Could anyone speculate this is due to more GPU miners coming into the game?

The news station stated its due to them getting on competitive on the gaming scene, though i dont think that is the case. The Nvidia titan card has been kicking ass for awhile...

http://finance.yahoo.com/echarts?s=AMD+Interactive#symbol=amd;range=3m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

http://data.cnbc.com/quotes/AMD
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