AMD is bullish; breakout above 500 targets ~585 due to AI infrastructure strength.

All right. And I see here also uh that you're looking at AMD right now. And I read an interesting note from Piper Sandler this morning that they think AMD is about to enter its biggest growth phase yet, which would be incredible based on the growth that we've seen uh coming out of this name.

I mean, just looking at its price action year to date, we're up 137%. Last 52 weeks, we're up 219%. So, how are you looking at AMD right now?

So even though the overall technology sector still remains relatively weak, we do see pockets of strength here within the semiconductor space and AMD is definitely one that fits that specific bill right now.

It recently just broke out above 500 on strong volume and strong relative strength here. That's exactly what we'd like to see on a breakout here. Our next upside target given the strength and the breakout here is around 585 to the upside.

And you're absolutely right, the the continued acceleration within kind of the AI uh infrastructure and buildout. This is one of the areas where that continues to be uh incredibly strong here.

Uh but my my view is that you can utilize options to try to take advantage of further upside while limiting your downside risk in a name like AMD.