That's a really great article about the lay of the land in the desktop CPU market. Unless Intel pulls a rabbit out of their hat, or AMD under delivers with the Ryzen 3000, Intel will surrender market share until about 2022 at least.
This happened in the early 2000s with the failed Pentium 3s, but Intel was able to use monopolistic agreements with computer manufacturers to keep their chips in 95% of systems. However, this is unlikely to happen again due to anti trust issues and the fact that the computer industry has been democratized into many smaller boutique companies that simply look to offer the best parts at the best price points.
That may scream buy long, but I'm not convinced in the long run that the desktop or laptop CPU markets will make a significant portion of CPU sales. As cloud computing increases and small portable devices become more ubiquitous the value of dominating the traditional computer space should decline. Unless AMD wants to compete in that crowded arena I don't think they make a good long term hold.
As for baked in value, I think his conclusion is bs. We didn't know until last week that Intel wouldn't have an answer to AMD until at best 2022. Even if the market already priced in the AMD success, it didn't price in their success without meaningful competition.
What's your thoughts on the technical analysis? I'll be honest with all of you, I'm a statistician, and I really view technical analysis as essentially augury. Just because I think it's nonsense doesn't mean it's not predictive though, especially if a significant amount of traders genuinely make decisions on how the charts look.