Intel Stock Down and AMD Stock Up After News of Intel CPU Bug Released

DooKey

DooKey

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According to Bloomberg, Intel stock has fallen as much as 3.8 percent after the release of news yesterday (worst drop since April '17) that their cpu's produced over the last decade have a security bug. The bad news is two-fold for Intel - the fix might slow their chips down up to 30 percent - AMD stock in on the rise and the sales of AMD processors may increase as a result of Intel's foulup. Interestingly enough, Intel's CEO sold a bunch of his shares back in November. Maybe he wanted to get his money before this news struck? Good luck, Intel.

Intel is expected to put out a statement but hasn’t yet commented on the issue. Historically, the way companies respond to such issues and how quickly they address them has determined how big the problem becomes.
 
Ouch, a $34 price target. Intel's not going anyway, so it will be good to pick up for cheap after the panic investors have their say. I can't imagine enterprise companies not patching their systems, and how long before their later chips are 30% faster than today's chips? The big deal revolves around any pending lawsuits.
 
Hey, AMD marketing...

"In light of a recent security flaw found in Intel's processors from the last 10 years, in which the fix may incur a 5 to 30 percent performance hit, AMD would like to extend an offer to companies looking to switch a matching 5 to 30 percent discount on our own line of processors."
 
Skirge01 said:
Hey, AMD marketing...

"In light of a recent security flaw found in Intel's processors from the last 10 years, in which the fix may incur a 5 to 30 percent performance hit, AMD would like to extend an offer to companies looking to switch a matching 5 to 30 percent discount on our own line of processors."
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Traditionally AMD low balls their own pricing so much they constantly are in the red for 5-10 years... i'd rather pay 159$ than 139$ and keep them in business vs intel (same speed) maybe being 300$
 
only thing that sucks is I literally bought an 8700k yesterday morning and read about this a couple hours later. We'll have to see how bad it is or if it only applies if virtualization is enabled in the bios. Might not affect a lot of home and business users or single use servers.
 
Nytegard said:
Ouch, a $34 price target. Intel's not going anyway, so it will be good to pick up for cheap after the panic investors have their say. I can't imagine enterprise companies not patching their systems, and how long before their later chips are 30% faster than today's chips? The big deal revolves around any pending lawsuits.
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the impact of the design flaw is huge. imagine you are an optimized data center with intel cpus that uses "speculative execution" (last one that didn't use it was the og Pentium) your workload was getting done before the patch and after the patch you need 20-65% more resources to do the same workload. yeah you are going to be out for flesh and blood. we don't know the full proformence impacts till all the patches are out by friday of next week at least. Linux we can see everything that is happening in real time. For OSX, Windows and some other OSes we can not so the next week and a half is going to be very interesting.
 
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Yup, the [H] beat the market to the news yesterday, as I pointed out. I'm actually already long AMD via a put option so I didn't act on it, this just puts me more safely in the money. Maybe I'll close it out soon.
 
andrewaggb said:
only thing that sucks is I literally bought an 8700k yesterday morning and read about this a couple hours later. We'll have to see how bad it is or if it only applies if virtualization is enabled in the bios. Might not affect a lot of home and business users or single use servers.
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It appears user workloads (gaming, encoding) are largely unaffected. This looks like a data-center performance penalty mostly.
 
Windows is the bugger not Intel I have so many Apps on my machine for Windows 10 CU nobody will ever use them.
 
Regarding the article discussing the 'sell off' of shares by Intel's Ceo Brian Krzanich; people tend to forget that even ceo's can be living dangerously close to breaking even. Other business ventures, property investments, and family can have a significant black hole for money, even if you make more than 7 figures a year.

Now doing a little math he sold about 250,000 shares at about 45 dollars a pop. That's only 11,250,000 before the brokers take their nice fat cut of his transaction. Given the extravagant lifestyles of the wealthy, that may have only been enough to cover his taxes and pay off some of his property debts.

If we wanted to say he was going to take that 10 million dollars and try to invest it somewhere than Intel's publicly traded stock, that's his own agenda. You don't get to be CEO ignoring market trends and being clueless with finances. Let's just be a little silly now and say he decided to make a play in bitcoin.

Brian Krzanich Filed his statement with the SEC about his share selloff on Nov. 29th. Bitcoin was worth almost exactly 10,000 a piece on the close of November 29th. Of that 10 million dollars from stock he could have bought 1 thousand shiny new (sparking new?) Bitcoins. Just for example sake we're going to say that he sold all of his Bitcoins on Dec 21st at 15,000 dollars each because it looked like bitcoin was about to take a massive slide. It had peaked around 19 thousand ~dec. 17th, and was going down fast. Overall this gives him a profit of 5 million dollars and a total of 15,000,000 to play with again. this is just one example of why you don't need to keep all your money in your parent company. Bill Gates was an example of when it works out, but I can attest to you that there are a thousand examples of CEOs in Ruin for every 1 Bill Gates that sat on his stock.
 
andrewaggb said:
only thing that sucks is I literally bought an 8700k yesterday morning and read about this a couple hours later. We'll have to see how bad it is or if it only applies if virtualization is enabled in the bios. Might not affect a lot of home and business users or single use servers.
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It's not the virtualization function issue. It's the virtual memory. If it was the virtualization issue, of course, you can turn it off in the bios, but not the virtual memory.
 
jnemesh said:
Well, that makes those Ryzen benchmarks a little more appealing now, doesn't it? :)
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Which Ryzen benchmarks? It's already been reported that from a gaming perspective, this issue has an insignificant impact.
 
Will definitely be doing some benchmarks before patch Tuesday to see how much of a hit it takes with my i7-4790k. Hopefully some AMD Ryzen owners will do the same so we can see if there's any performance degradation with them from the fix (if it hits both companies with an OS-wide fix that unnecessarily burdens AMD CPUs).
 
ir0nw0lf said:
Which Ryzen benchmarks? It's already been reported that from a gaming perspective, this issue has an insignificant impact.
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May went to let redditors know this :D
Seriously the sky-is-falling reaction in all the major subreddits is worth its weight in comedic content alone.
 
andrewaggb said:
only thing that sucks is I literally bought an 8700k yesterday morning and read about this a couple hours later. We'll have to see how bad it is or if it only applies if virtualization is enabled in the bios. Might not affect a lot of home and business users or single use servers.
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I also bought 8700k 2 weeks ago but I think I have 30 days return rights for it and it is not yet even unpacked :) I might consider Rizen if 30% slowdown become a realty for Intel
 
Just got wind of this in my in box. Sucks for Intel, but good for me. Been playing fluctuations in AMD stock for the last year or so. The July call options at 15 strike that I bought last week jumped over 50% today.
 
This is going to affect everything in AWS, Google Cloud, and Azure. I'm already prepping for the backlash and performance hits on our servers due to this cockup by intel. This problem can't be fixed by injecting code into the CPU this has to be done at the kernel/OS level which is where your overhead is going to come in. Look at your benchmarks for apps folks for those of you running in the cloud and pray to god your app is not going to take the hit on patch tuesday (windows) this friday (AWS), or anytime after the CVE is posted for ARM64.

Ugh.

PS: forgot to add this will hit SAN systems and networking gear as intel chips are in EVERYTHING these days.
 
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Anyone smarter than me know if this function helped Intel's IPC advantage over AMD and if it's being circumvented helps close that gap in relevant applications?
 
Ok I dont understand wouldnt i have to upgrade my software to fix the issue then it makes my cpu slower? So if i DONT update im ok then so to speak right ?
 
fightingfi said:
Ok I dont understand wouldnt i have to upgrade my software to fix the issue then it makes my cpu slower? So if i DONT update im ok then so to speak right ?
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You'd maintain the security flaw, so, guess that's your game to play ultimately.
 
fightingfi said:
Ok I dont understand wouldnt i have to upgrade my software to fix the issue then it makes my cpu slower? So if i DONT update im ok then so to speak right ?
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essentially regardless of what security software you have installed your system is exploitable. this flaw an attacker can read the kernel memory this means all your sensitive data and the keys to access it is not safe and can be accessed by an unauthorized third party
 
ir0nw0lf said:
Which Ryzen benchmarks? It's already been reported that from a gaming perspective, this issue has an insignificant impact.
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Cool yer jets. I know that in REAL WORLD situations, Ryzen was scoring within 1-2 fps of Intel, but the synthetic benchmarks made the difference in performance look more glaring. But if Intel has to take a 30% hit in performance....
 
Obligatory:
tumblr_oju6mngngT1w3vt33o1_1280.png
 
https://security.googleblog.com/2018/01/todays-cpu-vulnerability-what-you-need.html?m=1



We are posting before an originally coordinated disclosure date of January 9, 2018 because of existing public reports and growing speculation in the press and security research community about the issue, which raises the risk of exploitation. The full Project Zero report is forthcoming.

These vulnerabilities affect many CPUs, including those from AMD, ARM, and Intel, as well as the devices and operating systems running them.
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jnemesh said:
Cool yer jets. I know that in REAL WORLD situations, Ryzen was scoring within 1-2 fps of Intel, but the synthetic benchmarks made the difference in performance look more glaring. But if Intel has to take a 30% hit in performance....
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Cooling my jets bossman. (y) Be a little more specific next time when you mention benchmarks and not overly broad, "those benchmarks" :LOL:
 
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