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Advanced Micro Devices (AMD): A Promising Future in AIAdvanced Micro Devices ( NASDAQ:AMD ) emerges as a compelling investment option poised for significant growth in 2024. As the demand for artificial intelligence (AI) and graphics processing units (GPUs) continues to surge, NASDAQ:AMD 's strategic moves and recent product unveilings indicate a promising trajectory. We delve into the factors driving NASDAQ:AMD 's potential for a soaring stock performance in the coming year. 1. AI Market Growth and AMD's MI300X Breakthrough: The AI market, valued at nearly $200 billion in the previous year, is projected to witness a staggering compound annual growth rate of 37% through 2030, reaching over $1 trillion. AMD, recognizing this immense potential, unveiled its latest powerhouse, the MI300X GPU, in December. Positioned to challenge Nvidia's dominance, the MI300X promises to be a game-changer, offering competitive performance for training and surpassing Nvidia's H100 for inference by 10% to 20%. This strategic move positions NASDAQ:AMD as a formidable player in the rapidly expanding AI sector. 2. Strategic Partnerships with Tech Giants: NASDAQ:AMD 's foray into AI is reinforced by strategic partnerships with industry giants, enhancing its market presence and credibility. Microsoft, a key ally with a close partnership with OpenAI, announced its adoption of NASDAQ:AMD 's new GPU in Azure, optimizing AI capabilities. This collaboration not only underscores AMD's technological prowess but also positions the company favorably in the cloud computing domain. With a similar agreement in place with Meta Platforms, NASDAQ:AMD secures a foothold among tech's most influential players, setting the stage for sustained growth. 3. Improved PC Market and Revenue Surge: Beyond the AI realm, NASDAQ:AMD is capitalizing on a gradually improving PC market. Data from Gartner reveals a 0.3% increase in global PC shipments in Q4 2023, marking the first positive growth in over a year. This trend aligns with NASDAQ:AMD 's financial performance, as evidenced by a 42% YoY rise in revenue in its client segment during Q3 2023, reaching $1.4 billion. As macroeconomic headwinds subside, NASDAQ:AMD is poised to leverage a resurging PC market, contributing to its stellar growth outlook for 2024. 4. Earnings-Per-Share (EPS) Projections: Projections for NASDAQ:AMD 's EPS indicate substantial upside potential, aligning with the company's growth prospects. As the company diversifies its product offerings and strengthens its position in both AI and PC markets, analysts anticipate a significant surge in the stock's value in the next fiscal year. This positive sentiment is further supported by NASDAQ:AMD 's continuous innovation and market responsiveness. 5. Technical Outlook and Investor Sentiment: From a technical perspective, NASDAQ:AMD is riding a rising trend channel in the medium long term. This positive trend signifies investor confidence and a growing interest in the company's potential. With no apparent resistance in the price chart, the stock's upward momentum is reinforced by strong positive momentum. While acknowledging the potential for overbought conditions, the absence of resistance and the ongoing positive trend suggest further room for growth. Conclusion: In conclusion, Advanced Micro Devices (NASDAQ: NASDAQ:AMD ) stands at the forefront of a transformative era in semiconductor technology, driven by the burgeoning demand for AI and the resurgence of the PC market. With its MI300X GPU poised to challenge industry leaders and strategic partnerships amplifying its market reach, NASDAQ:AMD is positioned for substantial growth in 2024. As EPS estimates align with the company's potential and technical indicators signal a positive trajectory, investors may find AMD a compelling opportunity for significant returns in the coming year.
NASDAQ:AMDLong
by DEXWireNews
AMD EXTENED LINE'S EXTENDED LINE EDITION (CONTINUE OR FALL)If you've been following me with AMD, we're pretty much out at this point, as we've been targeting the trade since 93, and there isn't much point to miss a few extra percentage points on the topside at the risk of losing all or much of the profits. HOWEVER, there are still trades to the topside, as far as trades heading to the bottom side. Marked in thick green and thick red are the TWO STRONGEST support and rejection trends I could find. Do more exist? Maybe, but you'll need a better analyst that me to find those. Light red are steep support trends that have been building on top of each other (stacking) Think of this like a skyscraper being built. All indicators point that we are nearing a top. However, this means nothing as short term indicators can theoretically keep pumping the price over the long term targets, which would see numbers at 200+ Notice the time frame of the chart, 2h, meaning it won't last for more than a couple weeks and you'll likely have a whole new set of trends. A move like this into earnings is going to be the big question. 179 189 are two really strong rejection lines. May not be exact, but close. You really need to analyze in real time at this point because move will happen faster and faster. I would say, should the price not hold 171.00, I would wait to see what happens in the short term, and try and buy the dip if it occurs pre earnings, with a potential trade before, on or right after earnings. I would then be waiting on topside for a short entry rather than pushing my luck as a bull. If you follow me with trades, you'll know that we essentially speak in probability. Meaning, at or above 189, I'm more likely to screw up than make a good trade, and if I screw up, there is a lot of downside showing, which will do absolutely nothing to cover the mistake (loss). Having said that, if you're a short term trader and familiar with short term trading, yes there are absolutely still chances to trade above this level should it occur. We would also say, there is a better than average chance that should I wait for some of these topside targets to hit and enter short, I have a better than average chance to both profit, and make more overall money, than trying to time out more really short term trades. It's all about profitability, risk, percentages, and patience. Waiting for the RIGHT trade IS 1000% better than jumping into a trade you missed because you have FOMO. There will almost always be another buy, there will almost always be another stock moving up the percentage you missed. Idk, what it would be called in formal terms, but I call it the sniper strategy. Good luck!! I've attached all previous AMD charts to this chart.
NASDAQ:AMD
by nicktussing77
1
AMD Faces Stock Slump Despite Q4 Revenue BeatAdvanced Micro Devices (NASDAQ: NASDAQ:AMD ), a prominent player in the semiconductor industry, recently experienced a sharp decline in its stock value following a weaker-than-expected sales forecast for the first quarter. Despite outperforming analyst predictions in the fourth quarter, AMD's stock slumped as it provided a cautious outlook, particularly for its PC chips and central processing units (CPUs). This article delves into the key factors behind the market's reaction, the company's financial performance, and the potential implications for investors. The Q4 Revenue Beat: NASDAQ:AMD reported fourth-quarter revenue of $6.17 billion, slightly exceeding the consensus analysts' estimate of $6.12 billion. The robust performance was driven by substantial year-over-year growth in its data center and client segments, recording 38% and 62% respectively. The surge was attributed to increased demand for Instinct graphics processors used in artificial intelligence (AI) applications and recent chip launches. Sales Guidance Misses the Mark: The primary reason for NASDAQ:AMD 's stock decline was its sales guidance for the first quarter of 2024, which fell short of Wall Street expectations. The company anticipates Q1 sales of about $5.4 billion, plus or minus $300 million, below the market consensus of $5.73 billion. The softening demand for PC chips and CPUs contributed to this outlook, raising concerns among investors. Navigating Challenges in PC Chips and CPUs: NASDAQ:AMD projects a decline in sales growth for its PC chips business in the first quarter, reflecting the challenges in the current market environment. However, it aims to offset this decline by leveraging growth in graphics processing units (GPUs) sales, emphasizing a focus on the lucrative AI market. The company foresees a significant uptick in 2024 AI GPU chip sales, with a revised projection of $3.5 billion, up from the initial forecast of $2 billion. Strategic Collaborations in the Cloud Space: NASDAQ:AMD CEO Lisa Su highlighted the company's collaborations with major players like Microsoft, Oracle, and Meta in the cloud space. Su mentioned working closely with these partners on Instinct GPU deployments for internal AI workloads and external offerings. This strategic positioning in the cloud market suggests that NASDAQ:AMD is actively seeking avenues to capitalize on the growing demand for AI-driven solutions. Technical Analysis and Support Levels: Let's also considers the technical aspects of NASDAQ:AMD 's stock performance, noting a potential three-month trendline support around $160. The analysis suggests that failure to hold this key level could signal a possible trend reversal. Investors are advised to closely monitor the stock's movement, especially in light of an earnings-driven retracement. Conclusion: While NASDAQ:AMD 's fourth-quarter performance showcased strength in key segments, the market's reaction to the sales forecast for Q1 2024 has raised questions among investors. The company's strategic focus on AI GPU chip sales and collaborations in the cloud space reflects its commitment to adapting to evolving market dynamics. As the semiconductor industry continues to navigate challenges, investors will be closely watching NASDAQ:AMD 's ability to execute its strategy and maintain its competitive edge in the rapidly changing tech landscape.
NASDAQ:AMD
by DEXWireNews
EURUSD BULL TIME !! The EUR/USD pair is currently trading near 1.08501. The pair has been experiencing some bearish momentum, with the near-term technical outlook pointing to a build-up of bearish momentum1. However, the USD has been struggling to find demand, which has helped the pair hold its ground1. If you’re considering a bullish position on EUR/USD, it’s important to monitor key levels of support and resistance. The Fibonacci 50% retracement level of the October-December uptrend aligns as critical support1. If EUR/USD falls below that level and starts using it as resistance, 1.0740 (static level) could be seen as interim support before 1.0700 (psychological level, Fibonacci 61.8% retracement)1. On the upside, 1.0830 (former support, static level) aligns as immediate resistance before 1.0865 (Fibonacci 38.2% retracement) and 1.0900 (psychological level, static level) 28 DAYS TP 1.1150 After FOMC
Long
by NYRUNSGLOBAL
TESLA & SMCI: the tail of Semis vs EV stocks.Tesla has had a beautiful bounce off support. This bounce comes on the back of a strong market, charging higher. If Tesla can hold above $195 it may move for the gap fill. Caution to the wind with Tesla as it has triggered a very bearish breakdown. SMCI is one of the best performing Semis. Its gone completely parabolic on its earnings. after gapping up 30% on its pre guide, its now up another 10% in the afterhours. The semis seem to have an unlimited amount of capital flowing into them. Look for an intra day short opportunity (day trade) on SMCI
NASDAQ:TSLA
by Trading-Capital
Starbucks to 98 Plus After Earnings !!Financial Performance: In 2023, Starbucks’s revenue was $35.98 billion, an increase of 11.55% compared to the previous year’s $32.25 billion. Earnings were $4.12 billion, an increase of 25.69%2. Analyst Forecast: According to 21 analysts, the average rating for SBUX stock is “Buy.” The 12-month stock price forecast is $114.35, which is an increase of 23.22% from the latest price2. Dividend Yield: Starbucks has a dividend yield of 2.4569%1, which could be attractive to income-focused investors. Growth Estimates: The growth estimate for the next 5 years (per annum) is 16.63%3 TP 98
NASDAQ:SBUXLong
by NYRUNSGLOBAL
📈 Bitcoin Analysis: Power of Three Pattern Bitcoin has been navigating within an ascending channel, respecting both the upper and lower boundaries. The recent execution of a manipulation strategy, aligning with the Power of Three pattern, involved a precise move beneath the lower trendline. This maneuver is anticipated to capture liquidity and set the stage for a rapid ascent. The expectation is for a bullish move towards $48,000. 🔄 Ascending Channel Dynamics: Bitcoin's adherence to the ascending channel underscores the prevailing bullish sentiment. The market has consistently respected both the upper and lower boundaries of the channel, highlighting a balance between buyers and sellers within the established trend. 📉 Power of Three Pattern and Manipulation: The execution of a manipulation strategy beneath the lower trendline aligns with the Power of Three pattern, a technical formation characterized by three distinct drives or phases. This maneuver, involving a move beneath the lower boundary, is designed to trigger stop-loss orders and capture liquidity from unsuspecting market participants. 🔍 Liquidity Grab Strategy: The manipulation-driven move beneath the lower trendline serves a dual purpose: disrupting the established channel and providing an opportunity to grab liquidity for a swift upward move. This strategy aims to create favorable conditions for accelerated growth once the manipulated liquidity is absorbed. 🚀 Anticipated Upside Move: The manipulation-driven liquidity grab sets the stage for a potential rapid ascent. Assuming successful absorption of liquidity and a shift in market sentiment, the target of $48,000 becomes plausible. This level represents a significant upside potential, given the strategic nature of the manipulation maneuver. 💡 Trading Strategy: Traders should closely monitor Bitcoin's price action following the manipulation-driven move. Confirmation of absorption of manipulated liquidity, increased buying interest, and a sustained move above key resistance levels would provide favorable conditions for entry. Implementing stop-loss orders to manage risk is advisable. 🔮 Future Outlook: The technical analysis suggests that Bitcoin is poised for a potential bullish move following the manipulation-driven liquidity grab. Traders should remain vigilant and adapt their strategies based on real-time market data. The dynamic nature of the cryptocurrency market emphasizes the importance of flexibility and risk management in trading decisions. A successful absorption of liquidity could pave the way for accelerated growth towards the $48,000 target.
by AlexWhale
Apple Back to 182 Consolidation AreaApple Inc. Explore A Bearish Perspective on Apple Stock Apple Inc., the tech giant known for its innovative products and services, has been a darling of Wall Street for many years. However, some analysts are turning bearish on the company’s stock. Here’s a closer look at why. Underperformance in 2023 Despite gaining an impressive 49% in 2023, Apple’s stock was the worst-performing FAANG constituent of the year1. The company reported negative revenue growth in all four quarters of 2023, the first time since 2001 that the company’s revenues fell YoY for four straight quarters1. Downgrades in 2024 The start of 2024 hasn’t been positive for Apple either, with three brokerages downgrading the stock within the first two weeks of the year1. Redburn, Piper Sandler, and Barclays have all downgraded the stock1. While Redburn and Piper Sandler now rate the stock as a “Hold” or equivalent, Barclays downgraded the stock to a “Sell” equivalent with a Street-low target price of $1601. Concerns Over iPhone Sales Some brokerages are turning bearish on Apple amid fears of an extended slowdown in iPhone sales1. Analysts are especially worried about the outlook for iPhone sales in China, which is the company’s third-biggest market behind the U.S. and Europe, and accounted for around 19% of its fiscal year 2023 revenues1. Apple is facing tough competition from domestic Chinese smartphone companies like Huawei and Xiaomi1.
NASDAQ:AAPLShort
by NYRUNSGLOBAL
AMD - All Time HighHello Traders, welcome to today's analysis of AMD. -------- Explanation of my video analysis: In 2016 AMD broke out of a long term triangle reversal pattern. This breakout was then followed by a pump of +5.000%. After the 2022 pullback of 70%, perfectly retesting previous structure, we are not certainly back to a bullish market on AMD. If we see a retracement back to the structure mentioned in the analysis, I am certainly looking for more long setups on AMD. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:AMD
by basictradingtv
7
AMD's Soaring Stock: Riding the AI Wave with TSMC in Its Sights Advanced Micro Devices (NASDAQ: NASDAQ:AMD ) is making headlines as its stock experiences a remarkable 11% surge, riding high on the coattails of Taiwan Semiconductor Manufacturing (TSMC), the world's leading chip fabricator. The recent boost in NASDAQ:AMD 's stock price is attributed to TSMC's bullish signals regarding the robust demand for AI semiconductor production. This surge not only underscores the vital partnership between NASDAQ:AMD and TSMC but also positions NASDAQ:AMD as a significant player in the rapidly evolving semiconductor industry. TSMC's Impact on NASDAQ:AMD 's Trajectory: NASDAQ:AMD , heavily reliant on TSMC for chip manufacturing, finds itself on the brink of a potential record high. TSMC's fourth-quarter results, although flat compared to the previous year, exceeded expectations, signaling a positive momentum shift. The crucial role of artificial intelligence (AI) in driving this growth aligns seamlessly with NASDAQ:AMD 's focus on enhancing its position in the GPU market, where it currently holds a second-place position behind industry giant Nvidia. TSMC's Q1 fiscal year guidance, with a projected 10% increase in sales compared to the previous year, further cements the positive outlook for $AMD. Despite a potential dip in Q1 revenue, TSMC historically experiences cyclicality, suggesting a return to annual sales growth for the company. This, in turn, bodes well for NASDAQ:AMD , reinforcing its status as a key player in the semiconductor space. NASDAQ:AMD 's Strategic Moves in AI: While Nvidia remains the undisputed leader in advanced graphics processing units (GPUs) for AI applications and data centers, NASDAQ:AMD is carving its path with strategic investments and innovations. The announcement of a new chip, positioned to rival Nvidia's H100, indicates AMD's commitment to competing at the forefront of AI applications. Analysts also highlight AMD's efforts to improve its AI software, addressing a historical preference for Nvidia's chips over AMD's. NASDAQ:AMD 's GPU and CPU Focus: Beyond the AI segment, NASDAQ:AMD 's prowess extends to both graphics processing units (GPUs) and central processing units (CPUs). As the second-largest standalone GPU maker, AMD aims to narrow the gap with Nvidia by securing performance wins and gaining the favor of major customers. Simultaneously, AMD continues to challenge Intel's dominance in the CPU market for PCs and servers, illustrating a multi-faceted approach to market share expansion. Investor Sentiment and Technical Analysis: Investors are increasingly bullish on NASDAQ:AMD , drawn by its strategic positioning in the high-performance semiconductor space. The introduction of a chip challenging Nvidia's stronghold and improvements in NASDAQ:AMD 's AI software contribute to the positive sentiment. From a technical standpoint, NASDAQ:AMD 's stock is in a rising trend channel, indicating sustained positive development and growing investor interest. Conclusion: As the demand for high-performance semiconductors, driven by AI applications, continues to grow, NASDAQ:AMD stands out as a compelling investment. The partnership with TSMC, strategic focus on GPU and CPU advancements, and positive technical trends position AMD as a formidable contender in the semiconductor industry. Investors eyeing long-term growth and exposure to the AI wave may find AMD to be a sensible addition to their portfolios, with the potential for further gains in the evolving landscape of high-performance computing.
NASDAQ:AMDLong
by DEXWireNews