AMD
AMD Relative Strength Massive Breakout to $350 AMD has been consolidating in a range between 200-270 since the beginning of October and is finally giving hints that it’s ready to breakout and push past 300 to see 350 in the coming months.
While the market has been dropping AMD has been showing relative strength and looks ready to break ATHs when QQQ reaches back to 630.
Different AMD Cycle Instinct MI300/MI325 fully validated in production AI workloads AMD entrenched as the clear #2 AI compute supplier behind NVIDIA Enterprise + sovereign AI demand accelerating, not slowing Buybacks + operating leverage supporting EPS growth Why AMD Still Works From Here Hyperscalers want second-source AI supply, AMD is it AI spend is shifting from experimentation → deployment
This cycle looks longer and broader than prior compute cycles
Trade Idea AMD 2/20 270C above 255 Price Target AMD can see 350 and possibly even 400 by the end of 2026! Not Financial Advice, Just My Opinion!
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Charles Antonini
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AMD
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