AMD continues to climb

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