Marina Lyubimova
● In a post by Amanda Blake, AMD stock grabbed headlines with a stunning 57% jump this month, fueled by robust earnings and the ongoing AI chip craze. The rally has pushed AMD back into the spotlight as a top semiconductor performer.
● The monthly chart shows AMD breaking through long-term resistance, now trading near $254 with support around $220 and an upside target of $280. Technical models suggest the rally could push even higher, with a Fibonacci projection near $329 if AI momentum holds.
● Still, analysts caution that risks are building. Rapid valuation gains and stiff competition from NVIDIA and Intel could trigger near-term volatility. But AMD's fundamentals look solid—expanding profit margins and surging AI accelerator sales are driving the next growth wave.
● AMD's latest earnings beat expectations across the board, especially in AI-related products. This performance has lifted investor confidence and boosted the broader chip sector. AMD's breakout reflects growing global demand for AI infrastructure, as money pours into chipmakers building next-gen computing power.
Marina Lyubimova
