Vietnam Backs AMD R&D Hub, Targets 9,000 Trained Tech Workers by 2030

Benzinga03-21 00:02

AMD is working with Ho Chi Minh City to support plans for a potential R&D center as part of efforts to grow the local semiconductor industry and attract foreign investment. This collaboration builds ...

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Shares are up 89.55% over the past 12 months, and the stock is positioned closer to its 52-week high than its low.\nThe RSI is at 51.38, which sits in neutral territory and suggests neither buyers nor sellers have clear control at the moment. Meanwhile, MACD is at -3.7313 versus a signal line of -4.9260, a bullish configuration that points to improving momentum off the recent lows.\nThe combination of neutral RSI (around 50) and bullish MACD suggests mixed momentum.\nThe stock carries a Buy Rating with an average price target of $284.63. Recent analyst moves include:\nBelow is the Benzinga Edge scorecard for Advanced Micro Devices, highlighting its strengths and weaknesses compared to the broader market:\nThe Verdict: Advanced Micro Devices’ Benzinga Edge signal reveals a classic High-Flyer setup, with strong Growth and Momentum but a weak Value profile. That mix can work well when risk appetite is healthy, but it also means the stock can be more sensitive to broad market drawdowns and multiple compressions.\nSignificance: Because AMD carries such a heavy weight in these funds, any significant inflows or outflows will likely trigger automatic buying or selling of the stock.\nAMD Price Action: Advanced Micro Devices shares were down 1.50% at $202.18 at the time of publication on Friday, according to Benzinga Pro data.\nImage via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.37.0","shortVersion":"4.37.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2621758164","isCrawlerRequest":true}