Past 2 weeks $AMD has been betting on themselves with confidence. They announced a $4B buyback and today at 10PM they are announcing other new products such as 3nm and 5nm chips. Intel states their demand is low but that seems to be from AMD eating up at their market share because AMD's forward outlook is always progressing.
Looking at the chart, breaking out of $81 you can easily see $85-$88+.
Watch at 10PM Est tonight 3/31
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