AMD (Advanced Micro Devices) – Powering the Future of AI & Chips Stock: $106.78 | Ticker: AMD | Chart: 4H
⚡️ AMD is a global semiconductor leader, designing high-performance CPUs, GPUs, and cutting-edge AI chips powering everything from gaming to data centers. With new AI processors rolling out in 2025, they’re going head-to-head with Nvidia in the AI race.
Chart Breakdown: This 4H chart shows an ascending wedge pattern under the 200 EMA resistance – a classic bearish setup if momentum fades. Price is consolidating near $106, and a break below $105.34 could trigger a pullback to $99. However, a breakout above $111.79 would flip momentum, aiming for $116–122.
Bottom Line: AMD’s fundamentals in AI are 🔥, but this chart screams “decision point.” Watch the breakout… or the breakdown.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.