Eseandre Mordi
⬤ AMD stock kept pushing higher as semiconductors proved to be one of the market's strongest performers. Shares closed at $221.42 on December 10, staying near elevated levels after bouncing back hard earlier this year. The stock's up a massive 238%, showing just how much momentum the company and the broader chip space have right now.
⬤ The chart reveals AMD climbing steadily through 2025, moving from under $100 early in the year to over $270 at its October peak before settling into December's range. Support's holding near key moving averages, with the 10-day EMA at $219.70 and the 50-day at $218.01. Volume's running hot at over 23 million shares, while the RSI sits around 49—pretty neutral territory. The MACD's cooled off after a strong run earlier in the quarter, suggesting things are stabilizing for now.
⬤ Semiconductors keep driving the market forward with massive demand for AI infrastructure, high-performance computing, and data-center tech. AMD's price action matches this trend perfectly—showing months of accumulation, a sharp rally through late summer, and now consolidation at current levels. That 238% gain lines up with the longer-term uptrend on the chart.
⬤ AMD's strength matters for the broader market since semiconductors heavily influence growth sentiment and tech stocks overall. With AMD holding above its moving averages, it's signaling continued confidence in chip demand and AI expansion. The stock's ability to maintain this range suggests it'll stay relevant for market direction going forward.
Eseandre Mordi
