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by Avshalom 2891 days ago
I mean I'm happy for AMD but "company makes money: stocks go up" is pretty much dog-bites-man non news.
4 comments

Come on - the relationship between good earnings and stocks going up is not the news. The news is that AMD HAD unexpectedly good earnings in the first place.
There's a narrative that Intel will keep AMD down no matter what, so it's good to see the market working and refuting that.
Yep this is indicative of future IT trends and current. Plus we should all be applauding any competent competition for Intel. Imagine where we’d be if AMD had been a more credible threat sooner. I bet Intel wouldn’t be able stagnate as much.
If you've been following AMD, good news hasn't always meant better prices with this (or any company).

Last I remember this thing was bouncing from 11 to 12 consistently.

It's a tech company and they made a lot more money than expected, hence it's here on HN.