The Inquirer-Home

AMD continues to climb

Foothills of Dakota?
Tue May 15 2007, 19:13
SHARES IN AMD continued to incline, or ramp as the chip guys say, ever since more layoffs loomed last week.

Or perhaps it's because Fidelity increased its stake to 13 per cent. Or perhaps because it's got greeee.....eaaaaa....aaaa...ati technology on the way.

A veritable flock of financial analysts gave it positive recommendations and today its share price stands at $15.58 although on the 4th of May last it stood at $12.60.

Most of this flocking lot think that the second quarter will be better than the first quarter which isn't exactly unexpected.

But as we reported earlier in the day, the Great Satan of Chips decreed that it would stab AMD in the vitals in late July, so putting further pressure on the underdog.

Meanwhile Intel wobbled around at the $22 mark and has done for a little while. Nvidia (NVDA) plateaued at about $35 while Vole (tick:MSFT) is showing signs at $31 that the game's not over yet. Giggle (tick: GOOG) declined to $460.21. µ

Share this:

Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

aboutus
Advertisement
Subscribe to INQ newsletters
Advertisement
INQ Poll

Authorities in several countries raided Megaupload recently, shut down all of its services, seized hundreds of servers and arrested several of its executives on criminal charges.

Do you think the move was justified?