AMD's rally continues to new highs by year-end; strength persists despite possible consolidation.
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It sparked an interesting surge in central processing unit (CPU) stocks. Have you seen any of this? Yes, I saw. Give me the graph. I do n't know what the connection is between all of this.
I will explain in a little while. The blue line represents Advanced Micro Devices (AMD), which has seen a tremendous rise. We will discuss this in detail later.
Let me quickly show you the AMD chart . Do you know, Michael? AMD has now joined the club of companies with a market capitalization exceeding one trillion dollars.
So, AMD's market capitalization is just over $1 trillion. Do you think this massive surge, given its strength, will continue until the end of the year? Yes. Yes. Yes, I think so.
Me too. Yes. Man, this is a massive breakthrough . This will change the rules of the game. This will continue. New record levels are coming.
Man, it's already gone up 165 points. Can you buy it here?
Well, that's how you know it will go up even more. Because it is extremely difficult. Yes. I think we will experience a period of stability. But I don't think it's over.
Isn't this the kind of stock people would say about: "I can't believe I didn't buy it when the news came out?"
What this channel has said about $AMD
The Compound has only this one call on this stock.