$Advanced Micro Devices (AMD.US)$ Neither side needs to pani...
$Advanced Micro Devices (AMD.US)$ There is no need to panic on either side now.
AMD has the strength to compete in the field of AI, especially now in the state of merging with Xilinx, and the products are fine.
But in terms of the rate of increase, these companies are a bit objectively overvalued. Looking at the fundamentals calmly, if it is a year later and under a confirmed recovery situation, 130 is not considered expensive. But considering the current fundamentals and environment, the market value is slightly higher than the valuation in 23.
The best scenario is cooling down, range oscillation. Continuously rising will create an AI bubble, which is not beneficial to anyone.
Two downward trends, I lean towards the gap above 106 will be filled, with support at the hundred level. After filling the gap, it can continue upwards, and the time can reach the performance recovery cycle. The second possibility is to stop at 117.
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