$AMD Bull Run. 7/23. Brought to you by the failure of Intel ($INTC)
Let me keep this short and sweet.
Intel shit the bed once again. Lost 9 percent data center market share. Guided down on PPS and gross margin for next quarter. Dodged and avoided questions on their 7nm process. Citing concerns in “competitive dynamical on data market share.
Lisa Su is eating their lunch.
Su Bae continues to take market share from Intel.
TLDR: 1. Marketmakers gonna shake out weak hands at open. 2. Analysts will downgrade Intel 3. Analysts may upgrade AMD
PT: $ 97-100 tomorrow 7/23
Positions: shares and calls, expiring tomorrow
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July 22, 2021 at 06:27PM