BUYS ON AMD
💡 Today we analyze Advanced Micro Devices (AMD)
AMD is a robust company with an upward trend over recent years. Currently, following quarterly results that fell below expectations, it’s approaching a key support zone at $135, aligned with its long-term upward trend line, which could present a strong opportunity for mid/long-term investors.
1. Strong Position in the Sector: AMD is a leader in the semiconductor industry, excelling in advanced processors and expanding into artificial intelligence and data centers.
2. Constant Innovation: Its ability to adapt to new demands, such as AI, gaming, and cloud computing, strengthens its competitiveness.
3. Technical Potential: The $135 level is an important support and could be a rebound point in its general trend.
This analysis is not an investment recommendation.
AMD is a robust company with an upward trend over recent years. Currently, following quarterly results that fell below expectations, it’s approaching a key support zone at $135, aligned with its long-term upward trend line, which could present a strong opportunity for mid/long-term investors.
1. Strong Position in the Sector: AMD is a leader in the semiconductor industry, excelling in advanced processors and expanding into artificial intelligence and data centers.
2. Constant Innovation: Its ability to adapt to new demands, such as AI, gaming, and cloud computing, strengthens its competitiveness.
3. Technical Potential: The $135 level is an important support and could be a rebound point in its general trend.
This analysis is not an investment recommendation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.