- AMD shares close up 10% after company wins Meta partnership, announces new chips
it's not the meta partnership that moves the stock price. They showed milan-x, the MI200 and talked about bergamo. Those things are absolute dominance in datacenter compute for the foreseeable future.
Meta? I don't understand why people want the media social VR. Create 3D text posts?ID: hjxs3w6
The fact is it's the umbrella company of Facebook etc, like Alphabet for Google.ID: hjzerjy
More like a rebranding like BlackwaterID: hjyymj2
mining social data and behavioral patterns to create and sell products.
Find a circle of cat owners, and you can sell them cat food. Find the one cat owner that just lost a cat and you can sell them a kitten.
This type of technology requires a lot of computational power.ID: hjyzm15
I'm doing digital marketingin the side. You just can't imagine how good fb is at turning viewers into purchasesID: hjznxjv
Wasn't there like a cringey game that is almost like a precursor to Meta. I think it's called SecondLife. I feel Meta will become like that lmao
I mean, it's a win from a buisness sense to have your hardware running the data centers for major buisnesses.. But also, I'd want to be distancing myself personally from Meta for PR reasons..
Good to see AMD making victory in the backend hardware of corporations however. It's an area intel has dominated for far too long!ID: hjz8gfz
I think its a market separate enough to deny any kind of liability even in mind share. Facebook will exist. There are two viable chip makers. I don't think it will be that big of a detractor to be one of two supplying on of the biggest tech companies ever.
Meta is a new name for Facebook.
I love AMD but less now. Stay away from trash companies.ID: hjxs4gk
Why? If the payment is good then why not. It's just hardware.ID: hjykji2
It always warms my hearth when people defend companies profit over morality.
Good thing they have good guys like you, standing for what feels right.ID: hjxskbn
I don’t support a company that brain washed people for the last 6 years.
Don’t take dirty money.ID: hjz82zo
We all hate Facebook. But this is yuge for AMD. Intels corporate market share is intense.
Oops - no more AMD for me...ID: hjz8pcr
How silly. 1 of 2 are evil for supplying one of the biggest tech giants on earth. They make chips. Facebook need chips to go vroom vroom. They aren't responsible for Facebooks misdeeds. What a stretch!