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AMD trade ideas

AMD on 1hr Pullback to $163 or lowerJust verified from past trends but looking from May 17th and May 21st specifically to today, on 6/7 Friday we’re due for a pullback. 📉🔥 My projected pullback Targets are: To $165 to 163.05 then to 162.33 as long as there is no crazy news catalyst. At $165 you might see some chop which was normal from past trends. If targets hit and drop to the downside: my next targets is $160.30 🔥 Happy Trading! 🤝Just my thoughts. 👸🏻 (Please note VWAP is currently: $166.77)
NASDAQ:AMDShort
by angelbaetrades
AMD - Shuffling the Deck AMD Technological Innovation: AMD's continuous advancements in CPU and GPU technology, including their Ryzen processors and Radeon graphics cards, are critical. Staying ahead in performance, efficiency, and new architectures like Zen and RDNA ensures competitiveness. Product Portfolio: A diverse product lineup covering consumer, professional, and enterprise markets helps AMD address various segments and reduces reliance on any single market. Market Position: AMD's competitive positioning against major rivals like Intel and NVIDIA. Their ability to capture market share in the CPU and GPU markets is vital for long-term growth. Strategic Partnerships: Collaborations with other tech giants (e.g., Microsoft, Sony for gaming consoles) and key partnerships in data centers (with companies like Google Cloud and Amazon Web Services) enhance AMD's market reach and application of its technology. Financial Health: Strong financial performance, including revenue growth, profitability, and solid balance sheets, allows AMD to invest in R&D and weather economic fluctuations. Research and Development (R&D): Significant investment in R&D to drive innovation and develop next-generation technologies. R&D is essential for maintaining a competitive edge in the rapidly evolving tech industry. Supply Chain Management: Efficient and resilient supply chain operations are crucial for meeting market demand, especially amid global semiconductor shortages and logistical challenges. Leadership and Management: Effective leadership and a visionary management team, led by CEO Lisa Su, have been pivotal in AMD's turnaround and strategic direction. Customer and Market Relationships: Strong relationships with OEMs (Original Equipment Manufacturers), channel partners, and end customers help AMD secure sales channels and foster brand loyalty. Sustainability and Corporate Responsibility: Commitment to environmental sustainability, ethical business practices, and social responsibility can enhance AMD's brand image and align with the increasing emphasis on ESG (Environmental, Social, Governance) factors in the market. Focusing on these aspects allows AMD to leverage its strengths, mitigate risks, and continue its trajectory as a leading player in the semiconductor industry. Over the past six weeks, AMD has been prominent in the news for several key developments: Next-Gen Processors: AMD announced the Ryzen 8000 series processors for both desktop and laptop markets. These include the Ryzen 8000G series, designed for high-performance gaming and content creation, and the Ryzen 8040 series laptops, which are integrated with advanced AI capabilities through AMD's XDNA technology​ (AMD)​​ (TechRadar)​. AI Integration: The Ryzen 8040 series processors, particularly notable for their AI-enhanced performance, were showcased. This integration aims to improve efficiency and capabilities for both consumer and enterprise applications, emphasizing local AI processing without relying on cloud computing​ (TechRadar)​. Strategic Partnerships: AMD has strengthened collaborations with major OEMs like Acer, ASUS, and Lenovo, who are incorporating the new Ryzen 8040 series into their latest laptop models. These partnerships highlight AMD's push into the AI and high-performance computing markets​ (AMD)​​ (Tom's Hardware)​. Zen 5 and Navi 3.5 Graphics: AMD confirmed that the upcoming Ryzen 8000 series desktop processors will feature Zen 5 CPU cores and Navi 3.5 graphics. This announcement indicates significant improvements in processing power and energy efficiency, continuing AMD's competitive edge in the CPU market​ (Tom's Hardware)​. Market Performance and Competitiveness: AMD's new releases are positioned to compete directly with Intel's latest offerings. The flagship Ryzen 8040 laptop processors are expected to outperform Intel’s current high-end models in several key areas, including AI workload performance​ (TechRadar)​. These developments underscore AMD's commitment to innovation in processor technology, particularly with a focus on AI and gaming. The company's strategic direction appears to be setting the stage for continued growth and competitiveness in the semiconductor industry. Based on the current market evaluation and recent performance, the six-month price expectation for AMD (Advanced Micro Devices) is generally positive, though it comes with some variability. Analyst Consensus and Price Targets: The average 12-month price target for AMD from analysts is around $192.45, suggesting a potential upside of approximately 20.3% from its current price of about $160​ (Stock Analysis)​​ (MarketBeat)​. The price targets range from a low of $145 to a high of $265, indicating a wide range of expectations reflecting different market scenarios​ (Stock Analysis)​. Recent Performance and Key Factors: AMD has been performing well recently, driven by its advancements in AI and data center technologies, despite some underperformance in its gaming segment​ (Techopedia)​​ (MarketBeat)​. The company's tie-up with Microsoft to offer AI chips in the cloud is seen as a positive move, potentially driving future growth​ (Techopedia)​. AMD's competitive position against Nvidia remains a focal point, especially in the AI GPU market. While AMD is making strides, it is still playing catch-up to Nvidia in this space​ (Techopedia)​. Market Conditions and Expectations: Analysts remain optimistic about AMD's prospects, with a majority rating it as a "strong buy." This optimism is supported by the company's strong financial health, low debt levels, and promising revenue growth forecasts​ (Stock Analysis)​​ (MarketBeat)​. However, the stock's high valuation metrics, such as its price-to-earnings ratio, suggest it may be overvalued, which could introduce some risk if the company does not meet growth expectations​ (MarketBeat)​. Considering these factors, if AMD continues to capitalize on its strengths in AI and data centers while managing its weaknesses in gaming and supply chain challenges, the stock could see substantial growth over the next six months. However, market volatility and competitive pressures remain key risks to monitor. For AMD specifically, its stock has experienced significant volatility and strong growth over the past year, driven by robust advancements in AI and other technologies. Given AMD’s recent performance, including a 114% rise in 2023, the expectation for its stock price over the next six months appears positive, although it might not reach the same high growth rates seen previously. Analysts predict a more modest increase, potentially in the range of 20-30% by the end of 2024, assuming continued strong performance in AI and other strategic areas​ (markets.businessinsider.com)​. AMD faces competition from several key companies across its various markets: Intel: Intel is AMD's primary competitor in the CPU market. Both companies produce processors for desktops, laptops, and data centers, with Intel historically dominating the market. However, AMD has been gaining market share with its Ryzen and EPYC processors . NVIDIA: In the GPU market, NVIDIA is AMD's main competitor. NVIDIA's GeForce and Quadro GPUs compete directly with AMD's Radeon and Radeon Pro GPUs. NVIDIA also has a strong presence in the AI and data center markets with its GPUs . Apple: Apple, with its custom-designed M1 and M2 series chips, has emerged as a competitor in the laptop and desktop markets. These chips are highly integrated and efficient, posing a challenge to both AMD and Intel in the high-performance computing segment . Qualcomm: Qualcomm competes with AMD in the mobile and embedded processor markets. Qualcomm's Snapdragon processors are widely used in smartphones and tablets, where AMD has a smaller presence . ARM Holdings: ARM Holdings provides processor designs that are licensed by other companies like Apple, Qualcomm, and Samsung. ARM-based processors are prevalent in mobile devices and are increasingly being used in servers and PCs, creating indirect competition for AMD . Samsung: Samsung produces Exynos processors for its smartphones and is also involved in GPU development. Samsung's efforts in high-performance computing and AI could present future competition for AMD . Microsoft: Microsoft, with its custom Azure Sphere chips, is entering the market for specialized processors used in IoT and edge computing, potentially competing with AMD in these areas . These companies represent the primary competitive landscape for AMD, each posing different challenges across various market segments. To give you a better perspective of the Ai market space, MSFT, GOOG, AMAZ, own 65% of cloud computing Services. NVDA with 92% dominates the world market for data Centre GPU's or Accelerators and AMD only has 4% of that market share. The other 4% is spread amongst several other companies. ASML makes the machines that make the chips and TSMC makes the chips for NVDA. GPU's are the main kind of processor for Generative Ai applications such as ChatGPT. Also Intel has 70% of the market for CPU's. Now the most important piece of the puzzle is that the Global Ai Intelligence market will grow approximately 15X over the next 10 years. So even though AMD's main competitor is NVDA, AMD is well positioned in areas not tied into NVDA that will allow them to expand in other areas as per their strategic partnerships, but moreover their primary market segment is second tier compared to much of NVDA so they could potentially grow their market share from it's current 4% to 10 or even 12% as not everyone will require the super sophistication and degree of chips and GPU's that NVDA produces but would rather have the specialized computer processors and technologies that AMD can provide. To summarize their future is bright but in their short term there is a likely pull back. AMD has nearly 1.61B shares in their float with a market capitalization of $258.6 B and a P/E ratio of 238.90. Relative to their peers AMD's P/E is 4 times greater than NVDA and 6 times greater than Intel. Personally I suspect there could be a short term rise yet to around $167 however the chart on the long term is breaking down and with the recent quarterly financials that were actually mediocre at best there is potential for the stock price to drop some more in the near term.
NASDAQ:AMDShort
by grahammk
6
AMD introduces new MI325X AI chip, enhancing AI infrastructureAdvanced Micro Devices Inc. (AMD) has announced significant advancements in its processor architectures, including unveiling the new CPU, NPU, and GPU processors designed to power AI infrastructure from data centres to PCs. The highlight of the announcement was the introduction of the AMD Instinct MI325X accelerator, which boasts advanced memory capacity and is slated for release in Q4 2024. In the future, AMD's roadmap includes the AMD Instinct MI350 series, which will incorporate the next-generation AMD CDNA™ 4 architecture expected in 2025. This new series promises up to 35 times better AI inference performance than the current AMD Instinct MI300 series with AMD CDNA 3 architecture. Additionally, AMD plans to continue its innovation streak with the CDNA 'Next' architecture for the MI400 series accelerators, for release in 2026. In terms of investment opportunities, let's analyse the technical aspects of Advanced Micro Devices Inc. (NASDAQ: AMD): On the Daily (D1) timeframe, AMD's stock has formed a resistance level at 174.55 USD and support at 157.90 USD. Although an uptrend is beginning, the stock is testing the support line. The next target could be 140.50 USD if the stock enters a downtrend. However, if the uptrend resumes and breaks through the resistance at 174.55 USD, the short-term target is 203.30 USD. If the upward momentum continues, the price might rise to 227.70 USD for a medium-term investment strategy. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NASDAQ:AMD
by RoboMarkets
AMD Unveils Ryzen 9000 Zen 5 CPUs: Up to 16 Cores, Enhanced PerfAMD has officially announced the highly anticipated Ryzen 9000 Zen 5 desktop processors, set to launch in July. The flagship Ryzen 9 9950X features up to 16 cores and offers a 16% average IPC increase over its Ryzen 7000 predecessors. These new CPUs bring significant architectural enhancements, including improved branch prediction, wider pipelines, and increased AI performance. Additionally, AMD introduces the X870 and X870E chipsets, supporting PCIe 5.0 and USB4. The combination of powerful new processors and advanced chipsets marks a substantial leap forward in desktop computing. Stay tuned for more updates as the launch approaches.
NASDAQ:AMDLong
by signalmastermind
Trend continuation in $AMDAfter correcting the previous big rise, the stock has formed an inverted Shoulder-Head-Shoulder pattern that has broken out to the upside. Both in the daily and weekly timeframe it is above the SMA 30 and a crossover of averages can be observed in an oversold Stoch RSI in the weekly timeframe. In favor and accompanying the trend we have the reference index NASDAQ:SOX at maximums, although we must keep an eye on the divergence that has formed in the weekly RSI.
NASDAQ:AMDLong
by MCHVLL
Elliott Wave Analysis on AMD Suggest a Double CorrectionShort Term Elliott Wave in AMD suggests the rally from 5.01.2024 low is in progress as an impulse. Up from 5.01.2024 low, wave (1) ended at 174.56 as the 30 minutes chart below showing. Wave (2) pullback is currently in progress. The internal subdivision of wave (2) takes the form of a double three Elliott Wave structure. Down from wave (2), wave ((a)) ended at 168.75 low and wave ((b)) bounce ended at 171.51. The stock extended lower in wave ((c)) towards 162.91 which completed wave W. The market rallied starting wave X also taking the form of a double three Elliott Wave structure. Up from wave W, wave ((w)) ended at 168.75 and pullback in wave ((x)) ended at 164.00. Wave ((y)) higher is in progress. We are looking a bounce in 3 swings to 169.88 – 173.51 area to end wave ((y)) and also wave X connector. Near term, as far as pivot at 174.56 high stays intact, expect the stock to extend lower.
NASDAQ:AMD
by Elliottwave-Forecast
W1 Analysis of AMD NASDAQ: A Technical and Fundamental Approach📈 Macro-Economic Fundamental Analysis 🌎 In the current global economic landscape, we see a mixed bag of indicators. The U.S. economy has shown resilience despite the Federal Reserve's ongoing interest rate hikes aimed at curbing inflation. Globally, geopolitical tensions and supply chain disruptions continue to create uncertainties. Despite these challenges, sectors like technology have demonstrated robust growth, driven by innovation and increased demand for digital solutions. AMD, being a prominent player in the semiconductor industry, stands at the intersection of these macroeconomic trends. 🔍 Technical Analysis: Modern Elliott Wave Theory 📊 Using Modern Elliott Wave Theory, we can delve deeper into AMD's price action. The analysis reveals that since March 4, 2024, AMD has entered a corrective phase characterized by a combination of zigzag and flat patterns, indicating a potential reversal. This phase has been crucial in setting the stage for the next market movement. 🔄 Corrective Phase and Reversal Patterns (March 4, 2024) 📅 The corrective market that began on March 4, 2024, has shown a mix of zigzag and flat formations, which are typical in Elliott Wave Theory when a market is poised for a reversal. These patterns suggest that the previous bullish trend was undergoing a necessary correction to prepare for a new phase of market activity. 🚀 Emergence of a Bullish Market (Since May 13, 2024) 📆 Starting from May 13, 2024, there has been a gradual emergence of a bullish market. The slow but steady rise in AMD's stock price points to increased investor confidence and a potential uptrend. This transition marks the end of the corrective phase and the beginning of a new bullish cycle. 📊 Key Takeaways: Macro-Economic Factors: Resilient U.S. economy, global uncertainties, robust tech sector. Elliott Wave Patterns: Combination of zigzag and flat since March 4, 2024. Bullish Signals: Gradual rise in stock price since May 13, 2024
NASDAQ:AMDLong
by erbe
AMD Set for Major Processor Launch As it Grabs 33% of CPU MarketAdvance Micro Devices ( NASDAQ:AMD ), a leading player in the server CPU market, claims a 33% share. The company is preparing to launch its next-gen "Turin" processors and unveils a GPU roadmap following the MI300 product line. NASDAQ:AMD 's CFO, Jean Hu, highlighted the company's growth in servers, CPUs, and GPUs, highlighting partnerships with Microsoft and strong double-digit growth in server CPUs and desktop/laptop segments. AMD's strategic focus on power efficiency and cost-effectiveness makes it a compelling choice for enterprises facing power and space constraints. Notable clients like American Express, Shell, and STMicroelectronics are transitioning to AMD-based infrastructure. NASDAQ:AMD plans to launch a next-generation AI PC in the second half of the year, potentially refreshing the PC market. The company also sees long-term growth potential in the embedded processor market through synergies with Xilinx. NASDAQ:AMD 's performance in the desktop and laptop markets is also highlighted. Analysts expect NASDAQ:AMD and peers to drive semiconductor industry optimism after their earnings beat, but caution against AMD's MI300 supply constraints, gaming segment weakness, and aggressive pricing from Nvidia Corp. Technical Outlook Advance Micro Devices ( NASDAQ:AMD ) stock is up 3.43% on Tuesday's Market day trading. The stock daily price chart depicts a trend reversal from a falling wedge or bullish flag pattern. Advance Micro Devices ( NASDAQ:AMD ) stock has a Relative Strength Index (RSI) of 61.94 which makes it poise for further growth in the long term.
NASDAQ:AMDLong
by DEXWireNews
Semiconductor Bull Run: Is it OVER?AMD is experiencing a breakout from the falling wedge pattern, which is a bullish signal. Currently, the stock is above its immediate support zone and ended the last trading session with a bullish harami candle. Although sell pressure seems unlikely given the current levels, keep an eye on the medium-term support zone to reassess your trading strategy if needed. These levels are suitable for options trading and could result in excellent swing trades based on liquidity analysis. The price target is between $185 and $190, with the potential to reach $200 if the bullish momentum continues. Let's monitor how this develops.
NASDAQ:AMDLong
by MysticMads
GBP/USDLast week, the Pound Sterling (GBP) and the US Dollar (USD) exchanged minor gains, with the GBPUSD pair surpassing 1.2750 for the first time in two months. Notwithstanding its robust commencement to the week, the Pound Sterling encountered challenges in the face of a resurging US Dollar, ultimately accumulating moderate gains and perpetuating the preceding week's ascent. The central theme of this week was the diminishing anticipation of interest rate cuts by the Federal Reserve (Fed) and the Bank of England (BoE). This was partially mitigated by renewed demand for the US Dollar, which tempered optimism surrounding the British Pound. As expectations of a June rate cut by the BoE were dampened by the delayed decline in UK inflation, GBPUSD reached a two-month high of 1.2762. In contrast, cautious remarks from Fed officials and ardent sentiments expressed in the minutes of the May Fed meeting countered expectations of aggressive rate cuts, reviving demand for the US Dollar and instigating a decline in the GBPUSD pair. In April, the ONS reported a monthly decline in retail sales of 2.3%, compared to expectations of -0.4% and March's -0.2%. Notwithstanding this, the Pound Sterling managed to maintain its value above 1.2700, as the USD was unable to sustain its strength heading into the weekend due to improving risk sentiment. In the daily chart of GBP/USD, the recent price showed a buying pressure above the dynamic 20-day EMA line. Moreover, the rising RSI line above the 50.00 level with a confluence of bullish pressure from the 100 day SMA could extend the gain towards the 1.2828 resistance level. However, a failure to break this line with a daily close below the 20 DMA could initiate a downside correction.
NASDAQ:AMDLong
by TFXBR