$Advanced Micro Devices (AMD.US)$ i dont get it so many good...
$Advanced Micro Devices (AMD.US)$ i dont get it so many good news also the market is going through a bull cycle whats wrong with this chip stocks
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jeng81 : Concerning AMD
issue, everything else has increased a lot, except for the rubbish team.
digimonX : In general, I think sector rotation. Semiconductor stocks are all trading the same pattern the last few days. Arm, Micron, Intel, nVidia & TSMC are being dumped while crypto, crypto-related stocks, banks & Elon Musk-related investments all go up massively after the US presidential election.
AMD experienced a short-attack right after the earnings call. It has yet to recover & now got entangled with sector rotation. Bad timing. Don't know how long it will last. Nov & Dec are normally seasonally strong period for stocks. Hope the overhang dissipates quickly. My other crypto investments are running super hot.
pootpoot : to simplify for u. bookmakers shaking you out of your position
digimonX : Short interest is at the same level as last year end. AMD was about $80+ at the end of Oct 2023. Short squeeze led to the stock price shooting to over $200. A similar short squeeze can make the stock go bezerk again. Let's see if this happens...
ChartTrader : AMD is not earning market share from
Nvidia and their gaming and embedded sector are doing bad