WallStreetBets calling for $AMD to $200
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News:
It is reported that $Advanced Micro Devices(AMD)$ announced the Zen5 architecture of the new generation of desktop processors Ryzen 9000 series and notebook processors Ryzen AI300 series at the Taipei Computer Show. The latest information from B&H, a large US retailer, shows that the Ryzen 9000 series will be pre-sold on July 31, and may also be available on the same day.
Bocom International Securities believes that AMD is one of the global semiconductor targets that can balance the rapid growth of artificial intelligence and the recovery of the semiconductor cycle. The recent stock price correction may be a buying opportunity. We cover AMD for the first time and give it a buy rating with a target price of US$200, corresponding to an average price-to-earnings ratio of 43 times in 2024/2025.
Technial Analysis:
“ $Advanced Micro Devices(AMD)$ This could be a big mover again tomorrow based on the previous bounces off this trend zone.”
@Jake__Wujastyk
$Advanced Micro Devices(AMD)$ Options market was highly boolish yesterday morning. After seeing where the pressure was being applied we waited for a pullback to support and hopped on board.
@ThetaWarrior
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- YueShan·06-22Good⭐️⭐️⭐️LikeReport