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by latchkey 360 days ago
Stock is undervalued. If you get in now and it pops over the next few years, it'll likely make up for lower compensation.
2 comments

You don't need to work at AMD to buy their stock.
True, but if you don’t have a job, where’s the money for buying stock coming from?
If you are what AMD needs to catch up then you can just go work for NVidia for 3x the pay. This market sucks but top tier engineers in the niche they need are not a dime a dozen.
It isn't always about the money.
Then why is your original comment about compensation?
What I said was: “it’ll likely make up for lower compensation.”

The point is, someone might join AMD because they believe in the mission, not just for the paycheck. I followed that with: “It isn’t always about the money,” which is consistent with my original comment.

The real subtext is something I care deeply about: Nvidia is a monopoly. If AI is truly a transformative technology, we can’t rely on a single company for all the hardware and software. Viable alternatives are essential. I believe in this vision so strongly that I started a company to give developers access to enterprise grade AMD compute, back when no one was taking AMD seriously in AI. (Queue the HN troll saying that nobody still does.)

If the stock goes up while they’re there, great, that’s a bonus.

We're forbidden to trading our own stock anyway, SEC regulation on insider trading and all.
You’re forbidden from shorting. Buying is completely allowed unless you are classified an insider and even then trades are open for I believe a month after quarterly results.
You're "talking your book".