
A Busy Night of Earnings, and the Chart Master’s Big Call on CAT 8/1/23
CNBC's "Fast Money"
00:00
AMD's Engagements Don't Translate to Revenues
Christina Park: AMD has hard orders from Amazon as well as Microsoft for that new AI chip, and they've said that they've engaged with a bunch of other companies. Nevilis: Engagement means it doesn't necessarily translate to orders. He says the stock action is extraordinary again; if you were just look at this at its core, I don't know why the stock is significantly higher given the run that the stock has had.
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