Leo opened up his bank account. He had $5,000 saved up. If he bought AMD at $12, he could get over 400 shares.
: The stock was a rollercoaster. It had shot up from $2 to $15, and many thought the run was already over.
Leo had just installed a Ryzen chip in his rig. It was fast, efficient, and cost half of what Intel was charging. He realized that if tech geeks like him were this excited, the enterprise data centers would be next. 📉 The Wall Street Skeptics
For years, buying an AMD processor was a running joke among his gamer friends. They were slow, ran hot, and couldn’t compete. But in 2014, a soft-spoken engineer named took over as CEO. She made a massive bet: throw away everything they were doing and design a brand-new architecture from scratch.
That bet was called , and the product hitting the shelves in 2017 was the Ryzen CPU .
Leo sat in his small apartment, staring at his computer screen. It was , and the stock ticker for Advanced Micro Devices (AMD) was hovering around $12 a share . For the past few years, the stock had been treated like a penny stock, written off by Wall Street as a dying relic permanently crushed under the heel of Intel.
