AMD Like people really believe anything XD Trumps excemptions are illegal, a form of distortion of competition guys come on use your brain a bit you cannot make tariff excemptions on a company i think you shoud know this just by logic.
AMD "President Donald Trump announced late Wednesday that he will impose a 100% tariff on imported semiconductors and chips. But Taiwan Semiconductor (TSM), Apple (AAPL), Intel (INTC) and more rose overnight as Trump said the duty won't apply to companies making products in the U.S. or planning to do so."
AMD And Misseu Donald announced 100% Tarrifs on Imported chips! What do I think about it well, Trump has a huge mouth and talks until evening but he loves TACO`s a lot!
AMD reacted from the key macro resistance zone outlined last week. As long as price continues to close below 170, there’s room for further downside toward the 150–145 support zone before a potential bounce and formation of a lower high.
However, if price manages to break and close above 170 in the coming sessions, I’ll be watching for a bounce into the 175 region, where a toping formation could develop — setting the stage for a more pronounced sell-off into the macro support around the 130 level.