amd +16.5% on the week at $523.5, 5.1% from $550 😅

I doubt this one. momentum's the tailwind; 5.1% to $550 isn't a big ask if the trend stays intact. the MI300/MI350 ramp is taking AI share off a low base. could go either way tbh.

jankyoracle53 idk man — positioning is crowded long and vulnerable to an unwind.

Sleepyraccoon27 this you in 3 weeks? — tape's cooperating — AMD up 16.5% on the week with 5.1% of room to $550, path of least resistance agrees

Ngl, Watch the retest of $532.57; holds and $550 is live, loses it and this stalls out , though i’m leaning yes here

Re grumpy_degen: respectfully, no chance, the ROCm software stack is an execution risk.

fwiw, the forward multiple still sits under its 5-year median, but it is still a distant #2 to nvda in ai accelerators.

i'd fade it on the fundamentals — it is still a distant #2 to nvda in ai accelerators . plus this is more hope than thesis.

The deadline’s doing all the work here — client and gaming are cyclical and soft.

real talk, amd +17.7% on the week at $532.57, 3.3% from $550