https://www.cnbc.com/2021/11/08/amd-shares-jump-after-company-wins-meta-partnership.html
Virtual reality, augmented reality and metaverse. I daresay these are just the starting points to the entrance to a whole new alternate universe.
AMD has partnerships with Microsoft and Sony for gaming console chips and now has signed up Meta (Facebook) as a new customer. We all know what Facebook was planning when it changed name to Meta and AMD is going to benefit tremendously from this partnership.
It's gradually taking away market share from Intel and soon we will reach a point where Intel might not even be a competitor to AMD. While the need for CPUs is here to stay, most future tech would be based on GPUs, a sector where AMD has a strong footing.
Have a long position in AMD, bought at 135. Would buy more before it hits 200.
Submitted November 08, 2021 at 11:43PM by GazBB https://ift.tt/3kjY5Gs
