-60% p.a.
bt_headshoulder_sharpeopt_mixed
Introduction to our strategy no description yet Quick Summary Metric Value Return % p.a. -60 Days active 408 …
tickers: NVDA
source: Benzinga
tickers affected by this
| ticker | polarity | why? |
|---|---|---|
| NVDA | positively | NVDA will likely be positively affected by AMD’s struggles as it strengthens Nvidia’s competitive position in the AI chip market, potentially driving more market share and investor confidence towards NVDA. Additionally, NVDA’s robust earnings report has already demonstrated its market leadership, which could be further reinforced by AMD’s challenges, attracting more investors to NVDA. |
our strategies and bots using these tickers
c-bigtech-momentum , randombot , static-skfolio-denoised-cov-shrunk-expret , finnhub-recommendations , bt_headshoulder_sharpeopt_mixed , newstrader , xgb_sharpeopt_trenddet , static-skfolio-max-sortino
summary
AMD Stock Hits New 52-Week Lows Amid Bearish Technicals
Advanced Micro Devices Inc. (AMD) faced a challenging morning in the market, hitting a 52-week low of $102.17 by 11 AM on Thursday. The stock’s troubles extend over a year, dropping 42.44% in the past year and 15.06% since the start of 2025. Gregarious Growth Amid Technical Hurdles Despite unfavorable technical indicators, AMD’s data center segment continues to expand. Initially, AMD’s stock dipped 2.17% on Feb. 27 following Nvidia Corp.’s (NVDA) robust earnings report, which solidified its advantage in the AI chip market. Chart Analysis and Indicators AMD’s share price remains below its key moving averages, a sign of intense selling pressure. The eight-day and 20-day simple moving averages (SMAs) sit at $109.21 and $111.51, respectively, while the 50-day and 200-day SMAs stand at $117.70 and $144.15, respectively. Turning The Tide Even as the technical indicators cast a shadow, AMD’s underlying fundamentals remain robust. Lisa Su, the company’s CEO, anticipates double-digit growth in 2025, driven by demand in servers and GPUs. However, the Embedded segment’s 13% revenue decline and the 59% plunge in gaming revenue due to reduced console demand present ongoing challenges. Analyst Perspectives and Hope Despite these concerns, Wall Street maintains a bullish outlook, with a consensus price target of $157.33 for AMD, implying a 53.48% upside. The bearish trajectory will persist unless AMD reclaims its key moving averages, advising investors to await any signs of a potential reversal before making decisions.
