$Advanced Micro Devices(AMD)$ is moving higher inside an impulsive structure, with further upside possible toward $638 before the next pullback takes place. All Group 3 Midday Hourly charts have been updated for members.
$Advanced Micro Devices(AMD)$ Tony Zhang on CNBC just said he thinks AMD should be $750 by November — that seems like a very reasonable price target. AMD is on a strong run.
$Advanced Micro Devices(AMD)$ Looks like it's reaching top-out levels. If it breaks out from here, that would be something. Looking at the 3-month chart for the longer-term view.
$Advanced Micro Devices(AMD)$ AMD is showing strong bullish momentum today. Call buyers are all over it, with 100% call sweeps around $2.2M in premiums. Near-ATM 9/16 510 to 515 calls and slightly OTM 9/18 550 to 557.5 calls all lifted at the ask as AMD gains about 2.2%. This points to some serious short-term upside bets. Over the past 5 days, call flow has been dominating with 91% of the premium. Big moves like the $12.4M Jan 2028 800 call sweep show institutions are clearly bullish. They seem to favor buy-the-dip over going short. Watching if it holds above 510 to 515 is key. Momentum is strong if it does.
$Advanced Micro Devices(AMD)$ Markets are down because they're pricing in a rate hike, but watch it rally hard when one doesn't come. Like big money doesn't already know, lol. They're buying from scared money right now.
$Advanced Micro Devices(AMD)$ AMD got a price target upgrade to $710 from $575, with an Outperform rating. The call is from CLSA's analyst Bhavtosh Vajpayee. He now sees $20 EPS at AMD likely in 2027 instead of 2030, which is around 30% above consensus. He also thinks $50,000 per MI455X GPU, roughly twice what was previously estimated. A very bullish upgrade and notes.