parentshiftbook Chapter 516 AMD's Stock Price Soars
Chapter 516 AMD's Stock Price Soars
"Now is not the time to calculate costs."
Su Zifeng immediately dismissed their concerns, while repeatedly telling herself that Chuanyin wouldn't tamper with their communication.
Definitely not!
After comforting herself, she addressed the crowd again:
"Nvidia is already ahead of us, and if we want to catch up, we need to do it at top speed."
Money can be earned back, but once the market is lost, it can never be regained.
The CFO could only sigh deeply when he heard Su Zifeng's final decision.
I hope everything goes smoothly in the mergers and acquisitions department, and I also hope that Huang Tianya won't be interested in such a small amount of money.
[Huang Tianya: Although I might not be interested, I'd still do someone a favor if they were.]
……
Following the meeting, AMD held a strategy press conference:
"AMD announced a $50 billion investment to enhance graphics technology research and development, comprehensively upgrade the Radeon product line, and accelerate the deployment of the next-generation high-performance GPU architecture."
At the same time, it officially launched an acquisition offer for LumenRay, a light field graphics technology company, to deeply expand its presence in the field of real-time ray tracing.
In the future, AMD will bring more competitive products to gamers worldwide and drive technological innovation in the industry.
Before the press conference was even over, Wall Street reacted immediately.
Amd shares surged 12% in after-hours trading as major investment banks upgraded their ratings.
Sequoia Capital: "The Rise of American Technology Will Reshape the Dual-Dominance Landscape of the GPU Market!"
SoftBank Capital: "AMD's heavy blow threatens Nvidia's dominant position."
At the same time, Qualcomm also issued an official announcement.
"With Qualcomm and AMD combined, we're sure we can beat Transsion. Will we really be able to use affordable SIM cards?"
"I don't think there's any need to be so nervous. After all, AMD's price is similar to Nvidia's, but its performance is far inferior to Nvidia's..."
"I agree! Don't waste money on this kind of thing. It's just a GPU; can't we use some other technology?"
"It feels like our people are suppressing Transsion just for the sake of suppressing them. Every time they introduce a new technology, we have to follow suit, and the result is..."
Just like the old Chinese saying goes, "Dong Shi imitates Xi Shi, but ends up looking ridiculous..."
"Upstairs, but they're not pursuing it. How can we turn that money into our own?"
"This is a competition in the technology field, and America will not lose; we will definitely win!"
Meanwhile, in Washington, the National Security Advisor looked at two progress reports in his hands, one from Qualcomm and one from AMD, and nodded in satisfaction.
At the same time, he read a progress report on Qualcomm and seemed to think... that he didn't have much of a relationship with Transsion.
The two families seem to be mortal enemies!
But last time... perhaps it was recuperating?
Now I'm really looking forward to Qualcomm's performance!
…………
The next few days were relatively calm, and time quickly passed to June 15th.
To allow more consumers worldwide to see it, the time was scheduled for 8:30 PM.
The global launch event was once again held at the Shenzhen Bay Sports Center, where a large crowd of eager spectators had already gathered outside the venue.
The audience waiting to enter had already gathered in small groups outside, sharing their opinions on the new products.
"How much do you think the price of this new card will go?"
"5%, I'll feel the pinch if it's more than that."
"I'll say it again, this price might give us a shock, after all, Zhan-ge has been saying this for the past two days..."
Especially the last piece of information…
The story begins yesterday when a digital gossip site released another ambiguous report: "The cost of new cards has skyrocketed, and the initial price is likely to be raised, with the flagship model seeing a significant increase."
The comments section was in an uproar at the time.
When they mentioned the price increase, another small group gathered around:
"Price increase? But isn't it said that the cost of domestic supply chains is lower? How come prices are getting higher and higher?"
"14nm process, bro. I don't know their internal pricing, but the 14nm process is 1.5 times more expensive than the 28nm process. Isn't it normal for the price to go up?"
"But you said it yourself, they're from the same company!"
"Lazy Sheep, what do you think?"
As a top-notch decryption expert, Lazy Sheep's assistant also received an invitation to this press conference.
Therefore, even after learning his true identity, these temporarily assembled teams still habitually called him by his online name.
"Prices will definitely rise, but it's definitely not because of manufacturing processes, but because of cryptocurrency mining."
Mining!
A hint of resentment flashed through everyone's minds. In the past two years, the Bitcoin market has indeed seen significant growth, transforming from something nobody wanted into a cryptocurrency.
Moreover, its uses... are very widespread on the black market.
Looking at his friends who were deep in thought, Lazy Sheep continued:
"This time the price increase may be a bit high, but the increase for the entry-level model should not be that big. Be prepared to be taken advantage of."
Besides, after using the cheap card for so many years, it's time to pay some tuition fees.
After all, he's Lao Huang!
Lazy Sheep said this half-jokingly and half-seriously, and everyone present nodded in agreement.
Yes, that's right, it's leather jacket yellow.
"Through Lazy Brother's analysis, I understand now. I only have one thought: it's okay if it's expensive, but don't squeeze out the toothpaste."
A 30% performance improvement for a 50% price increase is pure idiot tax.
"So what if it's a 'stupidity tax'? If you're so capable, go buy AMD's products; their products are even worse."
"Oh, right, there's one more point, which is that the competitors are too rubbish," Lazy Sheep added.
Everyone sighed once again...
…………
Time quickly came to 7:40, and everyone began to enter.
Old Huang specially prepared some merchandise for them, including a miniature model of Huang in a leather jacket.
Many audience members looked at this when they entered and had no idea what was going on.
But Lao Huang, who was working behind the scenes, just smiled and said, "If you hit my model, you can't hit me!"
……
Time flies, and it's 8:30. The usual routine of turning off the lights and welcoming the presenter begins...
However, before Huang appeared this time, a dark blue light shone on the big screen, and the processor array pattern slowly appeared, accompanied by a deep electronic sound effect.
Then layers upon layers of transistor patterns filled the entire image.
To their astonishment, Huang Renxin, dressed in a black leather jacket, walked out from the side of the stage.
Facing the lush green chives, he once again revealed his gentle smile, holding a silver metal USB drive in his hand.
"Oh no, Lao Huang's smile means my wallet's fate is in danger."
"What should we do? It's like the air is filled with the smell of money."
"Old Huang, just tell me straight! How much will it go up this time?"
Meanwhile, Lazy Sheep's assistant in the audience started fiddling with Old Huang's merchandise. How much would it have to increase in price to make all the audience so angry?
Could it really be...?
As for why Lazy Sheep's assistant hesitated, Shen Fei has already revealed the usage on Weibo, which is: step on!
Used to vent anger!