AMD's stock could face a significant correction toward $335 if it falls below its daily 50-day moving average, a key technical support level. Despite strong performance in 2026 with over 150% gains and solid business results, bearish signals like weakening momentum in the Relative Strength Index suggest a potential pullback. The projected decline might occur around August 11, 2026, shortly after AMD's earnings report on August 4, which could confirm or negate this bearish outlook. Investors should watch the 50-day moving average closely as a trigger point for this possible correction.
AMD reported a historic quarter with $11.5 billion revenue and 107% growth in its Data Center segment, driven by strong demand from major clients like OpenAI and Microsoft Azure. Despite a recent stock pullback due to AI investment concerns and gamin...
AMD benefits from Intel's repeated PC CPU price increases, creating a favorable pricing environment for AMD's products. The total addressable market for AMD's server CPUs is projected to reach $220 billion by 2030, with AMD aiming for over 50% market...
In Q2 2026, Baron Technology ETF gained 38.95%, closely tracking the MSCI ACWI Information Technology Index. The fund initiated a position in Advanced Micro Devices (AMD) and trimmed holdings in NVIDIA and Amazon to balance its portfolio. It also inc...
