Thread regarding AMD (AMD) stock

Riding the AI wave but scared of the fall

AMD's been on a wild ride - up big, then down hard, now clawing back again. The big news was a massive GPU deal with Meta that arguably puts a floor under the whole AI story. But some analysts downgraded them right before that news hit, so who knows. Earnings are coming next week. They're supposed to guide for huge data center growth. If that number disappoints, the sell-off could be ugly. If it beats, maybe we see new highs again. I have no idea which way this goes.

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