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Comment by deepGem | Hacker News Reader

Oh wow, this is way too cool. Just 3-4 days back I was thinking I should invest in NVDA as they pretty much have a stranglehold on AI because of CUDNN and CUDA. I couldn't muster the courage to buy NVDA considering how much the stock has grown in the last 12 months. Now there seems to be an alternative. Perhaps I should start buying AMD. The repo has 21 contributors and I just checked them randomly and most of them are from AMD. It'll be interesting to watch the contributions grow from outside AMD

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AMD might be a better investment because of the stock price and their resurgence.

They aren't close to threatening NVIDIAs hold over GPU accelerated ML/Compute market just yet.

Don't buy individual stocks. Less than one percent of people have the ability to choose individual stocks that perform better than mutual funds.

Do you have any source on this? That statistic does not make any sense.

Given that literally copy/pasting the sentence "less than one percent of people have the ability to choose individual stocks that perform better than mutual funds" into Google found a reference, it probably took me less time to find this than it took you to scoff in disbelief and ask that question :(.

http://www.marketwatch.com/story/almost-no-one-can-beat-the-...

(Note that this article mentions multiple slightly different studies, so if you are the kind of person who is going to glance at one paragraph and then scoff in annoyance that it doesn't sound like quite the same statistic, I recommend you keep reading. You can start to quibble at the end ;P.)

I've been bought into AMD for a long time. I've said this so many times I'm starting to sound like a shill for AMD, but I respect their new CEO so much. I really think she's taking the company in the right places, because she's an engineering-minded CEO, not a business-minded one and I think she's exactly what AMD needs right now to compete.

> considering how much the stock has grown in the last 12 months.

You might have the same reservations about buying AMD.

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