Amd could break its ATH of $164 before the end of the year!

BaronLyly
2023-12-08

$Advanced Micro Devices(AMD)$

After watching the interview of Ms. Su, it gives me the confidence on the future of AMD. Great products and able leadership. All enjoy.

NVDA $NVIDIA Corp(NVDA)$ is a one trick pony. Close loop system is not going to appeal to a lot of people. AMD much more diversified

If job data meets the market expectation, likely Amd can break 1-yr high ($132)!

Lisa Su stated Amd now has a lot of customers, chip supply and high revenue growth, imo, its share price will go up exponentially from here (128)!

A few more times pps rise like today (+9.89%), Amd could break its ATH of $164 before the end of the year!

AMD Plunge: Chip Stocks Start to Pull Back?
AMD fell 10% in after-hours trading. While AMD's fourth-quarter financial report exceeded analysts' revenue expectations, the guidance for the first quarter fell short of expectations. Affected by AMD's earnings, other semiconductor stocks also fell in the after hour trading. ------------- Will chip stocks start to pull back following AMD's earnings? Are you bullish or bearish on QCOM's earnings? Which chip stock is a better choice to invest in AI?
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Comments

  • Choy Tiger
    2023-12-11
    Choy Tiger
    in the race to be future leader of chip, I will go the current leader and diversify some in AMD. Indeed AMD has good potential.
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