AMD 52 week high! Will AMD break all-time-high of $164?

Tiger_comments
2023-12-12

$Advanced Micro Devices(AMD)$ hit $135.04 yesterday, reaching 52 week high.

The semiconductor company’s heat follow its AI chip competition with $NVIDIA Corp(NVDA)$ .

  1. AMD launched new AI chip - MI300X several days ago, claiming superior performance compared to Nvidia's current offering, the H100 chip.

  2. AMD is also expanding its XGMI technology (Infinity Fabric) to a broader scope, with $Broadcom(AVGO)$ announcing support for XGMI/Infinity Fabric in their upcoming PCIe switches.

Analysts upgrades $Advanced Micro Devices(AMD)$ ‘s target price to $140-$150, with the highest PT of $190.

When will AMD break its all-time-high of $164.46?

What’s your target price for AMD?

$150 or $190?

Will AMD pull back after reaching 52 week high?

Leave your comments and click “Also post“ to win tiger coins~~

# AMD Plunge: Chip Stocks Start to Pull Back?

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  • icycrystal
    ·2023-12-12
    TOP
    $Advanced Micro Devices(AMD)$
    possible to reach 160 range if stock keeps trending up and there's demand for the company's products... it's already reaching 52 week high based on the recent chart.

    Moreover, the semiconductor company’s heat follow its AI chip competition with $NVIDA Corp(NVDA)$ .

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  • Shyon
    ·2023-12-12
    TOP
    Yes, I think AMD will definitely breaks it's all time high of around 164. It is just a matter of time right now. With the new competitive chips at a cheaper price compared to its competitor NVIDIA, AMD might grab some of the market portion and stimulate its revenue. My long term target will be at 200 USD. But then, do expect a pullback or correct once it approaches the all time high and will probably form a higher low before continuing its journey towards 200 USD. How do you think? Come and share your point of view guys.
    @TigerStars @CaptainTiger @MillionaireTiger @TigerEvents @TigerPicks @TigerClub @TigerObserver @Tiger_comments
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  • nomadic_m
    ·2023-12-14
    TOP
    $NVIDIA Corp(NVDA)$ started to climb in Dec 2022. by may 2023, FOMO got the better of me so I started accumulating. many felt that it was too expensive to jump into the band wagon but fast forward to today, look at how much it has soared!!!

    $Advanced Micro Devices(AMD)$ definitely has the potential to mirror this growth. $190 is not impossible by Dec 2024

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  • LMSunshine
    ·2023-12-13
    My 🎯 price for AMD is $150 for now and AMD is likely to pull back after reaching 52 week high as there’s always prudent investors who will profit take. 🐂-ish for $Advanced Micro Devices(AMD)$ dur to their new chip. Also expect some 🎆🎇 during next NVDA and AMD earnings. Thanks loads @Tiger_comments for the excellent updates❣️
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  • Aqa
    ·2023-12-12
    TOP
    $Advanced Micro Devices(AMD)$ is well on its way to break its all-time-high of $164.46. AMD has launched new AI chip - MI300X several days ago, claiming superior performance compared to Nvidia's current offering, the H100 chip.
    It is also expanding its XGMI technology (Infinity Fabric) to a broader scope, with $Broadcom(AVGO)$ announcing support for XGMI/Infinity Fabric in their upcoming PCIe switches. Analysts’ highest price target for AMD is $190.
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  • AsaphChoo
    ·2023-12-13
    Using daily chart with bollinger bands and KDJ indicator, AMD is quite stretched already. Some kind of pull back should occur in order for AMD to continue healthy march upwards. Target price end 2023 $140.
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  • hd87
    ·2023-12-13
    It might take years for AMD to reach all-time-high again. My target price for AMD is less than $150. Yes, there is a possibility for AMD to pull back after reaching 52 week high.
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  • 第N次大变革大分流
    ·2023-12-12
    目前很难，进入全面牛市了话当我没说，因为那些参与AI大战的买家巨头们说支持AMD也大多都是口头喊喊，轮到自己出钱时候往往没下文
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  • Tiger_comments
    ·2023-12-26

    @TimothyX

    @DavidSG

    @第N次大变革大分流

    @Mrcool0917

    @highhand

    @derickt

    @Fenger1188

    @hd87

    @AsaphChoo

    @icycrystal

    @LMSunshine

    @nomadic m

    @SR050321

    @Aqa

    @Shyon

    @koolgal

    Thank you for commenting on my post. Your coins have been sent to your account~ Don't forget to check your tiger coins💖

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  • koolgal
    ·2023-12-13
    🌟🌟🌟AMD is a sizzling hot stock after the introduction of its latest AI Chip MI300X!   Its share price has jumped almost 14% in the past 5 days alone.
    AMD has  reached its all time high of USD 139.89!

    Can it go higher?

    I believe it can, possibly USD 150.
    The momentum is there.  MI300X offers a cheaper alternative to Nvidia's H100.  However Nvidia is not resting on its laurels.  It has introduced H200 chip which is even  more powerful than H100.

    The competition for the best AI chip is on!  Nvidia versus AMD! Who will win?  For now Nvidia has the edge but AMD is fast catching up. @Tiger_comments

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  • SR050321
    ·2023-12-13
    Anything go up, will come down, but it may go up even higher. Must be careful to decide and choose which one to hold long term, some stocks worth to hold long term, some stocks will become rubbish. Myself will keep holding some qty but will also buy and sell some qty. $Advanced Micro Devices(AMD)$ is a good choice will consider it if drop. At the moment i picked EV stocks 😂
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  • Fenger1188
    ·2023-12-12
    我AMD会打破164美元😃，如果你错过了Nvidia，就不应该错过AMD，AMD凭借Ryzen处理器在CPU市场获得了巨大的关注。
    AMD传统上在CPU技术方面实力雄厚，最近在人工智能加速方面也取得了重大进展。他们的工作重点是AMD Instinct系列，其中包括MI300加速器。看好这家公司，我会继续等待时机买入😃
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  • TimothyX
    ·2023-12-15
    我對AMD的目標價低於150美元。是的，有可能。AMD在達到52周高點後回調
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  • derickt
    ·2023-12-15
    $iShares Semiconductor ETF(SOXX)$ would have both $NVIDIA Corp(NVDA)$ and $Advanced Micro Devices(AMD)$ no? why choose when we can get a basket load of both?
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  • Mrcool0917
    ·2023-12-13
    LFG! [Miser][Miser][Miser][Anger][Anger][Anger][666][666][666][Allin][Allin][Allin]
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  • highhand
    ·2023-12-13
    will not reach 164 until next earnings. target 150 more realistic. will pull back after ath.
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  • DavidSG
    ·2023-12-13
    All things are possible, market seems to be still going well.
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  • LADYTIGER
    ·2023-12-14

    Great ariticle, would you like to share it?

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  • TigerDog1
    ·2023-12-14

    Incredible

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  • KSR
    ·2023-12-13
    👍
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