$Advanced Micro Devices(AMD)$ Selling AMD right now, a week before a Q3 report that everyone fully expects to be the best since the company's inception, isn't just unwise—it's plain stupid.
$NVIDIA(NVDA)$ This buildout will likely last several more years. Will there be more AI scares and selloffs? Absolutely, we've already had plenty. Unless the story changes, you have to stick with what is working. The fact is AI spend and demand is only increasing, and NVDA will continue to capture the majority of the sales.
$Advanced Micro Devices(AMD)$ The only bubble I see is in all the bubble talk. I'll keep holding. I think earnings will be a blowout with shock and awe guidance. And if not, the hold just continues. AI isn't going away. Transformative technology, not tulips.
$Advanced Micro Devices(AMD)$ AMD is set to report earnings in two weeks, and it could be the best one in their history. Their earnings guidance has already been revised upward three times this year. 2027 and 2028 look like they could be even better.
$Advanced Micro Devices(AMD)$ Even Rasgon has a 650 target. Morgan Stanley doesn't seem to know what they're talking about here, and they haven't even paid attention to the MI450 and MI500 coming in 2027.
$Advanced Micro Devices(AMD)$ AMD has been beaten and bruised by many analysts over the last 8 years and they will continue to do so. But it's hard to believe that even at the best of times for the company, someone would try to forecast out 3 years and include 2026. No respect for Morgan Stanley.
$Advanced Micro Devices(AMD)$ It's worth remembering that Lisa was making power moves not long ago. Back then, the tone was much more enthusiastic. Now it feels like that momentum is building again.
$NVIDIA(NVDA)$ Jensen keeps warning about the bears. Double chip sales next year, 70% growth, and a 150 billion dollar buyback. That's worth paying attention to.
$Advanced Micro Devices(AMD)$ From 500 to 550 since June, then it breaks past the old high of 585 only to give it all back within days? Really. I'm not buying this move. If this is what the market is going to be, then buying indexes and walking away makes more sense. It's as if highs, lows, and breakouts on massive volume all mean nothing. AMD's old high was 584. It busted through that and ran to 655 a few days ago, and now it's basically come back to that level? I think it's going higher.
$Advanced Micro Devices(AMD)$ Wouldn't be shocked if this recovers today's losses tomorrow. One word about AI being $20B overvalued and people sold everything down 4 and 5%?
$Advanced Micro Devices(AMD)$ keeps pushing into new all-time highs. The 5-wave advance looks to be targeting the $660–$688 area before the next 3-wave pullback shows up.
$Advanced Micro Devices(AMD)$ Still looks very strong to me here. This one seems like a leader at the moment. I'm quite bullish on it, and it's forming a nice flag on the weekly chart. Waiting for a good risk/reward setup.