Tech Stock News
Tuesday, March 28, 2023
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one we signaled as a buying opportunity between $16.90 – $18.30 in an article posted on October 26. That was at a strong confluence of support levels and mixed well with a fundamental argument that both the CPU shortage and chip cycle concerns could […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) has started to accelerate higher since the “important day” we noted last week. That day was last Tuesday, when the tech sector was absolutely crushed, and yet, somehow, on no new news catalysts, we saw AMD shrug off the broad market shellacking and rally as […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) just closed up 0.52% on the most clear-cut bear pummeling the technology sector and the Nasdaq have endured since perhaps some time in the spring of 2002 – if you are thinking in terms of downside leadership as a “special” phenomenon defined by egregious underperformance […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) had a much better day on Wednesday than it might at first appear. First off, the broad market got walloped, with the S&P 500 dropping 2.4% from morning highs to afternoon lows, while AMD shares rallied 6% during the same period of the day. It […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) continues to gather fresh upside momentum following the dark day late last month when the stock dropped 30% on weakened Q4 guidance. As we have detailed, much of the real selling was about a loss of faith in the course and evolution of the chip […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) has been on the mend after the stock found support right in the zone we discussed in our last two articles. In our last piece on the stock (see “Is the Tone Shifting for Advanced Micro Devices, Inc. (NASDAQ:AMD)?”), we made the case to close […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) continues to interest us as a technical and fundamental play following the stock’s recent implosion after reporting Q3 data and Q4 guidance. In our last piece, we identified an area on the chart that offered a number of critical technical factors working in confluence. As […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) shares have been one of the most obvious victims of perceived weakness in the chip cycle, with guidance from the company reinforcing the sense established by MKSI and TXN the prior day. The stock dropped in response to the company’s Q4 view to challenge an […]
The chip space is having an extremely rough week. Earlier today, we posted a piece on Advanced Micro Devices, Inc. (NASDAQ:AMD), noting that TXN had massively lowered the bar for guidance perception, giving AMD (and INTC and XLNX) an edge in terms of positively surprising the market. However, AMD hadn’t […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are getting whacked today, along with most everything even mildly connected with the semiconductor space. As we previously posted, the catalyst here is gloomy Q4 management commentary and forecasts from MKSI, TXN, and STM. They really set the sentiment tone in front of AMD, […]