$AMD reports after the close today along with $AMZN, $SMCI, $RIOT and $SBUX.
This will not be a small event and likely to get some strong swings.
$AMD is a chart we have followed closely and caught the Wave 3 bounce when Wave 2 ended and still up 60% from our initial buy.
$AMD missed on earnings in their last report but the share price still ran from $164 to $225 because of CEO Lisa's excellent call and forward guidance.
This is crunch time, I am still holding because I like $AMD long term and it is something I am willing to hold.
$AMD need to communicate that they have a route to taking more market share from $NVDA and this will satisfy the market, an increased guidance would be very welcomed.
Scott Glover
2024-05-01 15:54:56 +0000 UTCLabo
2024-04-30 16:41:56 +0000 UTCBjoern Szymkowiak
2024-04-30 16:22:30 +0000 UTC