Why AMD Stock Jumped 12.5% in June

[Geek-9pm]

In the stack market, over 2 per cent in one month is big news. So what did AMD do to wake up wall street_ Here is the story:
http://www.fool.com/investing/2016/07/06/why-amd-stock-jumped-125-in-june.aspx
Among other things, it says:

AMD announced the RX 480 on June 1, confirming that its first Polaris graphics card would be a mainstream part priced at $199. Rival NVIDIA (NASDAQ:NVDA) had previously announced two high-end cards based on its new Pascal architecture, leaving AMD with an opening to steal market share at lower prices.
The RX 480 launched on June 29 to positive reviews. NVIDIA will almost certainly launch a competing mainstream product in the coming months, but for the time being AMD has a good chance at picking up some market share. 

So.. a new top design card for under $200. Would you buy one?
More....
http://www.anandtech.com/show/10477/amd-posts-radeon-1671-drivers-fixes-power-consumption-issues
Here is a peek.

[BC_Programmer]

NVidia announced the GTX 1080 and 1070 a while ago, this is as noted AMD's entry into the same Graphics card generation. However more recently (after the rx480 announcement) NVidia also announced the GTX 1060, starting at $250 USD. That's about 5 billion dollars Canadian at this point.

[patio]

I read today that even after the driver fix it's still over-drawing power from the PCI-e slot...doesn't look good for AMD...i don't care what their stock did in 2 days time.

[Geek-9pm]

Patio, you would care if it was a big part of your retirement nest egg.
But I no longer play the market...   

[patio]

As stated i don't care what their stock did...

See where it is now for grins.

[BC_Programmer]

aftermarket designs will likely use an 8-pin power connector which should allow for the PCI-E slot to draw no more than 5.5 Amps.

From what I can tell, they haven't issued any fixes for the power draw, yet. That might fix it for AMD's own designs. A bit of a *censored* up that it managed to get past their own testing.

I won't be grabbing an RX480 either way, as I've already ordered a GTX 1070 just the other day, which should be a nice, direct upgrade for my 770.

[Geek-9pm]

Sorry for the error I make.   
The short-term on AMD stock was unreal. It went from under 4.9 to over 5.1 and thus leasing some to believe a notable event had happened.

Anyway, it looks like  Nvidia is going to win this battle.

[BC_Programmer]

AMD has released a new driver that addresses  the PCI-E Draw issue:

http://support.amd.com/en-us/kb-articles/Pages/Radeon-Software-Crimson-Edition-16.7.1-Release-Notes.aspx?sf30476898=1

Mind you while it is a tad of a silly issue to get passed QA (as noted) it seems that in general it has been somewhat overblown. It's like that issue with The Nvidia 970 which iirc had something to do with how The graphics memory was handled. something to do with only having 3.5GB of VRAM instead of the advertised 4GB of VRAM and the way people were talking about it in some places it was as if they had revealed that the card was manufactured using the tears from starving infants.

[Geek-9pm]

The Title to this thread should say 2.5 % and not 12.5%.