#MarketNews #AMD
AMD SETTING NEW RECORDS
On May 4, 2021, we predicted that the correction of the AMD stock price (for example, to the support level of $ 74) will give a chance to enter an investment position.
Fast-forward to November 17, and AMD is trading above $152 per share, i.e., more than twice the specified long entry-level. This growth was fueled by demand for AMD products from various businesses, as evidenced by the company's strong earnings reports.
AMD CEO Lisa Su said sales of data center chips have doubled year over year. Intel is now losing its market share to AMD, as cloud providers such as Microsoft, Amazon, and Google are buying AMD’s chips to run their services.
This week, AMD shares rose sharply after the company announced it would supply chips for Meta, formerly known as Facebook, to continue building the metaverse.
A strong order backlog, unlimited prospects… Is AMD stock worth buying now?
Our consensus is: not yet. The market is currently overheated. From a technical point of view, AMD has reached the upper border of the ascending channel (1), which should serve as resistance. The heavy news coverage could play a cruel joke on AMD. The influx of buyers has pushed up the price and thereby increased the likelihood of a correction. Our recommendation is to be prepared for a rollback scenario, for example, to the median line (2) of the channel.
To capitalize on AMD rate changes, consider enlisting the services of FXOpen, a trusted, EU-licensed broker.
This forecast represents FXOpen Markets Limited opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Markets Limited products and services or as financial advice.
AMD SETTING NEW RECORDS
On May 4, 2021, we predicted that the correction of the AMD stock price (for example, to the support level of $ 74) will give a chance to enter an investment position.
Fast-forward to November 17, and AMD is trading above $152 per share, i.e., more than twice the specified long entry-level. This growth was fueled by demand for AMD products from various businesses, as evidenced by the company's strong earnings reports.
AMD CEO Lisa Su said sales of data center chips have doubled year over year. Intel is now losing its market share to AMD, as cloud providers such as Microsoft, Amazon, and Google are buying AMD’s chips to run their services.
This week, AMD shares rose sharply after the company announced it would supply chips for Meta, formerly known as Facebook, to continue building the metaverse.
A strong order backlog, unlimited prospects… Is AMD stock worth buying now?
Our consensus is: not yet. The market is currently overheated. From a technical point of view, AMD has reached the upper border of the ascending channel (1), which should serve as resistance. The heavy news coverage could play a cruel joke on AMD. The influx of buyers has pushed up the price and thereby increased the likelihood of a correction. Our recommendation is to be prepared for a rollback scenario, for example, to the median line (2) of the channel.
To capitalize on AMD rate changes, consider enlisting the services of FXOpen, a trusted, EU-licensed broker.
This forecast represents FXOpen Markets Limited opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Markets Limited products and services or as financial advice.
#MarketNews #AMD
AMD SHARES FALL 5% AFTER WORSENING FORECASTS
The semiconductor industry is in decline.
There have been reports of saturation of warehouses with stocks of chips (after the 2021 shortage). Previously, Micron announced its expectations of a 15% drop in PC sales. It is likely that PCs are no longer in active demand amid the transition to working from home in a pandemic.
Yesterday, AMD released an unpleasant report — the company sharply lowered its revenue forecast in Q3 from $6.7 to $5.6 billion. Only the data center business remains strong.
The news also weighed down Intel (INTC) shares, which are now down 3%. Nvidia (NVDA) is also down 3%.
However, the influx of bad news often becomes a good opportunity to open long positions, since it is in the conditions of general disappointment and depression that market lows are formed.
Note that on the weekly logarithmic chart, AMD shares are near the support line (1) of the long-term up channel (when plotted using parallel lines). Line (2), which previously served as resistance, can also provide support.
To invest in AMD, NVDA, MU shares, consider enlisting the services of a reliable broker like FXOpen.
⚠️
CFDs are complex instruments and come with a high risk of losing your money.
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
AMD SHARES FALL 5% AFTER WORSENING FORECASTS
The semiconductor industry is in decline.
There have been reports of saturation of warehouses with stocks of chips (after the 2021 shortage). Previously, Micron announced its expectations of a 15% drop in PC sales. It is likely that PCs are no longer in active demand amid the transition to working from home in a pandemic.
Yesterday, AMD released an unpleasant report — the company sharply lowered its revenue forecast in Q3 from $6.7 to $5.6 billion. Only the data center business remains strong.
The news also weighed down Intel (INTC) shares, which are now down 3%. Nvidia (NVDA) is also down 3%.
However, the influx of bad news often becomes a good opportunity to open long positions, since it is in the conditions of general disappointment and depression that market lows are formed.
Note that on the weekly logarithmic chart, AMD shares are near the support line (1) of the long-term up channel (when plotted using parallel lines). Line (2), which previously served as resistance, can also provide support.
To invest in AMD, NVDA, MU shares, consider enlisting the services of a reliable broker like FXOpen.
⚠️
CFDs are complex instruments and come with a high risk of losing your money.
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
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#marketanalysis #stockmarket #AMD #stocks
AMD Stock Price Rebounds from Yearly Low. 2025 Forecast
As the chart indicates, Advanced Micro Devices (AMD) reached its yearly low on 20th December, dropping below $120.
However, on Monday, AMD emerged as one of the top-performing stocks in the market. The trading session opened with a bullish gap, and by the close, the stock had gained approximately 4.5% compared to Friday's close. Meanwhile, the S&P 500 (US SPX 500 mini on FXOpen) rose by 0.7% on the same day.
According to technical analysis of the AMD stock chart, in 2024, the price formed a descending price channel (highlighted in red), characterised by the following:
- Bears broke below three trendlines, forming a structure reminiscent of Gann fans.
- The fourth (lowest) trendline could serve as a strong support level, preventing the price from reaching the bottom of the channel. The sharp upward reversal from the $120 level may be considered a sign supporting this scenario.
Price action suggests increasing demand, and analysts (as outlined below) believe buyers may play a more active role in 2025.
AMD Stock Price Forecast for 2025
In 2024, AMD underperformed the market. Amid the AI boom, Nvidia (NVDA) and Broadcom (AVGO) stocks reached all-time highs, while AMD's stock price dropped by about 12% since the beginning of 2024.
According to Yahoo Finance, the company’s strategic approach provides a rationale for investors to hold or buy AMD shares heading into 2025.
AMD has historically avoided introducing revolutionary products. Instead, the company enters established markets with alternative products that offer specific advantages.
This strategy could apply to the AI boom:
- 2024: AMD’s stock declines as the company adopts a wait-and-see approach, assessing the AI market's needs.
- 2025: AMD could benefit from the AI race, possibly through new processors in its EPYC series.
According to TipRanks:
- 22 out of 30 surveyed analysts recommend buying AMD shares.
- The average price target for AMD is $182 by the end of 2025, representing a 46% increase from current levels.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AMD Stock Price Rebounds from Yearly Low. 2025 Forecast
As the chart indicates, Advanced Micro Devices (AMD) reached its yearly low on 20th December, dropping below $120.
However, on Monday, AMD emerged as one of the top-performing stocks in the market. The trading session opened with a bullish gap, and by the close, the stock had gained approximately 4.5% compared to Friday's close. Meanwhile, the S&P 500 (US SPX 500 mini on FXOpen) rose by 0.7% on the same day.
According to technical analysis of the AMD stock chart, in 2024, the price formed a descending price channel (highlighted in red), characterised by the following:
- Bears broke below three trendlines, forming a structure reminiscent of Gann fans.
- The fourth (lowest) trendline could serve as a strong support level, preventing the price from reaching the bottom of the channel. The sharp upward reversal from the $120 level may be considered a sign supporting this scenario.
Price action suggests increasing demand, and analysts (as outlined below) believe buyers may play a more active role in 2025.
AMD Stock Price Forecast for 2025
In 2024, AMD underperformed the market. Amid the AI boom, Nvidia (NVDA) and Broadcom (AVGO) stocks reached all-time highs, while AMD's stock price dropped by about 12% since the beginning of 2024.
According to Yahoo Finance, the company’s strategic approach provides a rationale for investors to hold or buy AMD shares heading into 2025.
AMD has historically avoided introducing revolutionary products. Instead, the company enters established markets with alternative products that offer specific advantages.
This strategy could apply to the AI boom:
- 2024: AMD’s stock declines as the company adopts a wait-and-see approach, assessing the AI market's needs.
- 2025: AMD could benefit from the AI race, possibly through new processors in its EPYC series.
According to TipRanks:
- 22 out of 30 surveyed analysts recommend buying AMD shares.
- The average price target for AMD is $182 by the end of 2025, representing a 46% increase from current levels.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#AMD #stockmarket #stocktrading #MarketNews #marketanalysis
AMD Shares Decline Despite Strong Earnings Report
Yesterday, following the close of the stock market, Advanced Micro Devices released a strong quarterly earnings report:
→ Earnings per share came in at $0.48 (roughly in line with forecasts);
→ Revenue reached $7.68 billion (versus expectations of $7.41 billion).
At the same time, CEO Lisa Su stated: “We’re well positioned to deliver significant growth in the second half.”
However, despite the solid performance and optimistic outlook, AMD shares declined in after-hours trading, falling below $165.
The decline in AMD’s share price following a strong report may be attributed to excessively high expectations and the stock's overbought condition ahead of the announcement.
Technical Analysis of the AMD Stock Chart
Since April 2025, price fluctuations have formed an ascending channel (highlighted in blue). In July:
→ the price broke above the upper boundary of this channel, moving sharply higher (marked in purple);
→ the RSI indicator remained above the 50 level throughout.
We can assume that investors were following the meteoric rise of Nvidia (NVDA) shares and were betting that the ongoing AI boom would enable AMD to deliver extraordinary results. However, these hopes were not fully realised — the classic case of "buy the rumour, sell the fact".
As a result, AMD shares may open today with a bearish gap. From a technical standpoint, this suggests that the price is returning to the limits of the blue ascending channel, where the midline and lower boundary may act as support levels. The psychological support level at $150 also appears significant.
This move may be interpreted as a correction — and once the excessive optimism accumulated in July dissipates, bulls may attempt to resume the upward trend, supported by fundamentally strong data.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AMD Shares Decline Despite Strong Earnings Report
Yesterday, following the close of the stock market, Advanced Micro Devices released a strong quarterly earnings report:
→ Earnings per share came in at $0.48 (roughly in line with forecasts);
→ Revenue reached $7.68 billion (versus expectations of $7.41 billion).
At the same time, CEO Lisa Su stated: “We’re well positioned to deliver significant growth in the second half.”
However, despite the solid performance and optimistic outlook, AMD shares declined in after-hours trading, falling below $165.
The decline in AMD’s share price following a strong report may be attributed to excessively high expectations and the stock's overbought condition ahead of the announcement.
Technical Analysis of the AMD Stock Chart
Since April 2025, price fluctuations have formed an ascending channel (highlighted in blue). In July:
→ the price broke above the upper boundary of this channel, moving sharply higher (marked in purple);
→ the RSI indicator remained above the 50 level throughout.
We can assume that investors were following the meteoric rise of Nvidia (NVDA) shares and were betting that the ongoing AI boom would enable AMD to deliver extraordinary results. However, these hopes were not fully realised — the classic case of "buy the rumour, sell the fact".
As a result, AMD shares may open today with a bearish gap. From a technical standpoint, this suggests that the price is returning to the limits of the blue ascending channel, where the midline and lower boundary may act as support levels. The psychological support level at $150 also appears significant.
This move may be interpreted as a correction — and once the excessive optimism accumulated in July dissipates, bulls may attempt to resume the upward trend, supported by fundamentally strong data.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#AMD #stockmarket #stocktrading #marketanalysis #MarketNews
AMD Shares Rise Above $250 Ahead of Earnings Report
Today, 4 November, after the close of the main trading session, Advanced Micro Devices (AMD) is set to release its quarterly earnings report and outline its plans for the near future. Market participants remain optimistic, as several key bullish developments last month strengthened confidence in AMD’s role in the AI infrastructure race:
→ AMD shares surged in early October following news of a multibillion-dollar deal with OpenAI.
→ Oracle Cloud chose AMD’s graphics processing units (GPUs) for its new AI supercomputers.
→ IBM announced a breakthrough in quantum computing made possible through the use of AMD chips.
Buoyed by this wave of positive news and high expectations, AMD’s share price climbed above the psychological $250 mark (+61% since early October), reaching a record high.
Technical Analysis of AMD Stock
Price analysis shows that since April, the market has been forming a broad upward channel (shown in blue):
→ Strong news led to the correction phase (shown in red) being replaced by a resumption of the bullish trend in an aggressive manner;
→ Today, AMD’s price is testing the upper boundary of the channel.
The thickened S/R lines indicate that the angle of ascent is becoming steeper. Much now depends on today’s earnings release. Traders are awaiting confirmation from CEO Lisa Su regarding the company’s revenue forecasts tied to new deals amid the ongoing AI boom.
If bold expectations fail to materialise, a pullback could follow:
→ towards the lower thickened support line;
→ or deeper, towards the median line of the upward channel.
Alternatively, we may see the bulls attempt to break above the upper boundary and extend the blue channel higher.
Trade global index CFDs with zero commission and tight spreads. Learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AMD Shares Rise Above $250 Ahead of Earnings Report
Today, 4 November, after the close of the main trading session, Advanced Micro Devices (AMD) is set to release its quarterly earnings report and outline its plans for the near future. Market participants remain optimistic, as several key bullish developments last month strengthened confidence in AMD’s role in the AI infrastructure race:
→ AMD shares surged in early October following news of a multibillion-dollar deal with OpenAI.
→ Oracle Cloud chose AMD’s graphics processing units (GPUs) for its new AI supercomputers.
→ IBM announced a breakthrough in quantum computing made possible through the use of AMD chips.
Buoyed by this wave of positive news and high expectations, AMD’s share price climbed above the psychological $250 mark (+61% since early October), reaching a record high.
Technical Analysis of AMD Stock
Price analysis shows that since April, the market has been forming a broad upward channel (shown in blue):
→ Strong news led to the correction phase (shown in red) being replaced by a resumption of the bullish trend in an aggressive manner;
→ Today, AMD’s price is testing the upper boundary of the channel.
The thickened S/R lines indicate that the angle of ascent is becoming steeper. Much now depends on today’s earnings release. Traders are awaiting confirmation from CEO Lisa Su regarding the company’s revenue forecasts tied to new deals amid the ongoing AI boom.
If bold expectations fail to materialise, a pullback could follow:
→ towards the lower thickened support line;
→ or deeper, towards the median line of the upward channel.
Alternatively, we may see the bulls attempt to break above the upper boundary and extend the blue channel higher.
Trade global index CFDs with zero commission and tight spreads. Learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#AMD #stocks #stockmarket #marketanalysis #MarketNews
AMD Shares Fall Despite Strong News
It emerged this week that the US government, together with Advanced Micro Devices (AMD), has launched the “Mission Genesis” initiative aimed at boosting national computing power through advanced supercomputing. The project is expected not only to significantly expand federal computational capacity but also to increase AMD’s revenue.
Nevertheless, AMD was among yesterday’s weakest performers. Market sentiment has been dampened by concerns over intensifying competition from Google. According to media reports:
→ Google’s TPU (Tensor Processing Unit) chips show strong potential for AI training.
→ Meta Platforms is already in talks to invest billions in Google’s chips for use in its data centres from 2027.
A decline of around 20% in AMD’s share price since the start of the month is worrying, yet the chart analysis offers some encouragement for the bulls.
Technical Analysis of AMD Shares
Price action suggests that since April, AMD has been trading within a broad upward channel (shown in blue). Within this structure:
→ the price set an all-time high at the end of October, where the upper boundary acted as resistance;
→ between 7 and 17 November, the median line held as support before eventually giving way;
→ today, AMD is testing the lower boundary of the channel, which may act as support.
Additional factors that could reinforce this lower-channel support include:
→ the psychological $200 level;
→ a wide bullish gap, with its upper boundary near $205.
Taking these elements into account, it is reasonable to assume that conditions may be favourable for the bulls to attempt to revive the broader 2025 uptrend.
Trade global index CFDs with zero commission and tight spreads. Learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AMD Shares Fall Despite Strong News
It emerged this week that the US government, together with Advanced Micro Devices (AMD), has launched the “Mission Genesis” initiative aimed at boosting national computing power through advanced supercomputing. The project is expected not only to significantly expand federal computational capacity but also to increase AMD’s revenue.
Nevertheless, AMD was among yesterday’s weakest performers. Market sentiment has been dampened by concerns over intensifying competition from Google. According to media reports:
→ Google’s TPU (Tensor Processing Unit) chips show strong potential for AI training.
→ Meta Platforms is already in talks to invest billions in Google’s chips for use in its data centres from 2027.
A decline of around 20% in AMD’s share price since the start of the month is worrying, yet the chart analysis offers some encouragement for the bulls.
Technical Analysis of AMD Shares
Price action suggests that since April, AMD has been trading within a broad upward channel (shown in blue). Within this structure:
→ the price set an all-time high at the end of October, where the upper boundary acted as resistance;
→ between 7 and 17 November, the median line held as support before eventually giving way;
→ today, AMD is testing the lower boundary of the channel, which may act as support.
Additional factors that could reinforce this lower-channel support include:
→ the psychological $200 level;
→ a wide bullish gap, with its upper boundary near $205.
Taking these elements into account, it is reasonable to assume that conditions may be favourable for the bulls to attempt to revive the broader 2025 uptrend.
Trade global index CFDs with zero commission and tight spreads. Learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#AMD #stockmarket #stocktrading #marketanalysis #MarketNews
AMD Shares Surge After High-Profile Deal With Meta Platforms
Yesterday, it was reported that Advanced Micro Devices (AMD) has expanded its collaboration with Meta Platforms. The companies struck an agreement under which:
→ Meta will purchase AMD equipment with a total capacity of 6 gigawatts for its AI infrastructure. Deliveries are scheduled to begin in the second half of 2026.
→ AMD’s portfolio could include around 160 million META shares, representing roughly 10% of the company.
The market interpreted the news as a signal that AMD is successfully establishing itself as the second major chip supplier to tech giants, challenging Nvidia’s monopoly (incidentally, the market leader is due to release its quarterly report today).
Following yesterday’s trading, AMD shares jumped more than 8%, closing near the highs on rising volume—a bullish sign. This partially offset the decline seen after the early-February earnings report, which was influenced by falling margins, supply chain issues, concerns over deliveries to China, and other factors.
Technical Analysis of AMD Shares
Analysis of AMD’s chart indicates that the ascending channel (shown in blue), which guided price growth throughout 2025, is losing relevance.
Currently, AMD’s shares are trapped between two gaps:
→ Support is provided by the bullish gap from 6 October, which includes the psychological $200 level, offering additional support for buyers.
→ Resistance comes from the bearish gap of 4 February, which aligns with the median of the descending channel (shown in red).
It is reasonable to suggest that yesterday’s positive news offset the earlier negative sentiment, and in the short term, AMD shares may stabilise between the areas of the identified gaps.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AMD Shares Surge After High-Profile Deal With Meta Platforms
Yesterday, it was reported that Advanced Micro Devices (AMD) has expanded its collaboration with Meta Platforms. The companies struck an agreement under which:
→ Meta will purchase AMD equipment with a total capacity of 6 gigawatts for its AI infrastructure. Deliveries are scheduled to begin in the second half of 2026.
→ AMD’s portfolio could include around 160 million META shares, representing roughly 10% of the company.
The market interpreted the news as a signal that AMD is successfully establishing itself as the second major chip supplier to tech giants, challenging Nvidia’s monopoly (incidentally, the market leader is due to release its quarterly report today).
Following yesterday’s trading, AMD shares jumped more than 8%, closing near the highs on rising volume—a bullish sign. This partially offset the decline seen after the early-February earnings report, which was influenced by falling margins, supply chain issues, concerns over deliveries to China, and other factors.
Technical Analysis of AMD Shares
Analysis of AMD’s chart indicates that the ascending channel (shown in blue), which guided price growth throughout 2025, is losing relevance.
Currently, AMD’s shares are trapped between two gaps:
→ Support is provided by the bullish gap from 6 October, which includes the psychological $200 level, offering additional support for buyers.
→ Resistance comes from the bearish gap of 4 February, which aligns with the median of the descending channel (shown in red).
It is reasonable to suggest that yesterday’s positive news offset the earlier negative sentiment, and in the short term, AMD shares may stabilise between the areas of the identified gaps.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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