News

Mar 15, 2023

Market Broadens, Russell Roars, Recession Debate, Why AMD Moved, Boeing Defect

"And then we also are announcing or launching Genoa-X, which is tuned for

"And then we also are announcing or launching Genoa-X, which is tuned for technical computing. So workloads like computational fluid dynamics and EDA and all sorts of advanced physics modeling. So we feel like those two products will get a nice adoption across both cloud and the enterprise.

"And then we follow up with that with Sienna, which is not another yet optimized Zen 4, part of the Zen 4 portfolio. It's optimized for telco edge and storage, and that brings very high-density compute at a very low cost and low power package. So from a server roadmap through the balance of this year, we're executing and enabling our customers to deploy these three new products in addition to Genoa.

"And then lastly, with the Instinct product line with MI 300, that starts to ramp in Q4, and we see that with supercomputing and some new AI wins that we have. So -- we feel that's why we're confident. We have confidence in the back half. And our customer feedback today on the evaluation of all of these products is very, very strong in terms of the value we're bringing. And again, it's all about optimizing by the workload."

For those unaware, AMD's MI 300 is the firm's answer to Nvidia's H100. The competition has just begun.

At the time of publication, Guilfoyle was long NVDA, AMD, BAC and LMT equity.

Amid green lights on the charts, the market's data dashboard is starting to raise a few caution signs.

Beware Chinese property stocks that have turned into penny shares, since their trading price could force a disastrous delisting.

The gap between big-cap tech names and the rest of the market has to eventually close.

Clues were out there, but the news certainly took most by surprise.

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