It sounds a bit out there, but XanaduAI is expanding capacity across the board, both hardware and software. The stock is currently at 9 and could dip lower, but over the long run $Xanadu Quantum Technologies Ltd(XNDU)$ looks like it should pay off. I'd be surprised if $Advanced Micro Devices(AMD)$ moves to acquire it before the end of the year.
$Advanced Micro Devices(AMD)$ Let the roller coaster ride begin again. I've held the stock for over 10 years, so none of this is new to me. I remember when it went from 30.00 to 17.00, and I just bought more at 17.00. Was I wrong?
Sold some shorter-term calls to free up capital. $520 is always interesting since it tends to ping pong between $500 and $550. Hoping I'm wrong and it jumps to $600+. Cash is king. $Advanced Micro Devices(AMD)$
$Advanced Micro Devices(AMD)$ Michael Burry said he is covering some of his shorts and reducing the size of his bearish bets. That is honestly where a lot of the short-side noise seems to come from. I still do not get what part of the historic AI supercycle is hard to understand. This is not a bubble, it is a tech revolution.
$NVIDIA(NVDA)$ According to 60 analysts polled by S&P Global, this currently has a consensus rating of STRONG BUY with an average price target of $325.99, representing a forecasted upside of 41.51%. The highest estimate is $515.00.
$Advanced Micro Devices(AMD)$ Looks like quiet accumulation on the weekly chart. I don't see any distribution bars at all there. On the daily there are a few, maybe 4-6 over the last 4 months.