Oct. 27 at 3:31 PM
$AMD Announced a
$1B deal with Dept of Energy.
This caught investor's attention and stock shot up fast.
I guess 1B isn't very significant and the gains frizzle.
HOWEVER, selling this now is a MISTAKE. It's not the size of the deal, but what got put into motion with this operation.
(Your wife never told you about the motion of the ocean? 🤣)
This is the next layer in deploying quantum compute. And from the look of the announcements over the past three months, AMD is taking a significant lead in this space, while still growing its market share in AI, irrespective of the progress made by QCOM. GLTA
$AMDL $SOXL