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What’s Price Got To Do With It? A Conversation With Cameron Dawson

RiskReversal Pod

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AMD Is Up 10% From Its Lows Today

AMD is up 10% today. It's up 50% from its lows this month. Investors are going everywhere that they can except one place: Intel. We've never had a semiconductor company trade with a trillion dollar market cap trade at 25 times sales unless they are doing something totally different than has ever been accomplished in the 70-80 year history of the semiconductor business. The excitement around chips, AI, this sector, I think, is masking some of the bigger problems.

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