A TradingView analysis warns that AMD stock might face a severe correction of up to 90% by early December 2029, based on a long-term historical trading pattern. This bearish scenario compares AMD's current position in its ascending trading channel to a similar phase in 1984, which was followed by a massive crash. However, AMD's recent strong financial performance, including record revenues and growth in its Data Center segment, along with expanding AI partnerships, suggests the company is fundamentally stronger today. Investors should weigh these historical risks against AMD's robust business outlook and market position.
The Invesco S&P 500 Momentum ETF (SPMO) remains a hold despite increased volatility and sharper pullbacks following its September rebalance. The fund shifted exposure from established tech giants like Nvidia and Broadcom to higher-beta AI infrastruct...
Advanced Micro Devices' Executive Vice President Forrest Norrod sold 17,262 shares worth $9.33 million, marking his third consecutive mid-month sale amid rising concerns in the AI sector. This insider selling coincides with broader tech industry worr...
Intel shares rose 5% to about $94 as semiconductor stocks recovered from a sharp sell-off last week driven by doubts over AI spending sustainability and data center investment returns. The sector-wide rebound included gains for AMD, Nvidia, and Micro...
