$Advanced Micro Devices(AMD)$ surged from $133 to $155 in less than a week. Investors are once again enthusiastically calling for "AMD at least $300!"As the stock price rose, market sentiment also flipped. Criticism of AMD's stock for having weaker GPUs and software ecosystem compared to Nvidia has quieted down. On top of that, the company announced a large stock buyback and the Advancing AI event in June — this time, it really feels different! From a technical perspective, AMD is about to form a Golden Cross. Will history repeat itself? The last time AMD formed a Golden Cross (March 2023), the stock gained 14.13% in six months.Looking back at AMD's historical Golden Cross events — where the 50-day moving average crosses above the 200-day — there a
AMD on the Move: Still a Buy for Those Who Missed Nvidia?
AMD stock jumps 6% as it will restart M1308 sales to China after US review. Broadcom stock records new high as it takes on Nvidia with its new Tomahawk Ultra chip; Chip stocks is enjoying a good rally, leading by Nvidia boom. If you missed Nvidia, which stocks would you pick? Among AI, auto, and chips in China, which companies are you most bullish on?
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