InvestAnswers on $AMD (Nov 4, 2026)
The speaker expects AMD to rise from the 490 range next week and says there is no need to worry: demand from all major players is unlimited and AMD weathers storms strongly like Nvidia, despite excellent profits coinciding with selling pressure or stability and a temporary break of third support; he calls short-term predictions dangerous but bases this on technical analysis.
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With the growth of artificial intelligence, AMD's performance was great, but the stock didn't move.
Micron is still up by 180%, AMD by 126 %, Marvell by 85.3%, ASML by 39.52%, and Alab by 33%.
AMD. Again, this stock has generated excellent profits, but despite that, it has experienced selling pressure or remained stable. Well, that's one of those things. It has also temporarily broken the third support level.
Let's check the current spot price for AMD. Oh my God. In fact, my phone rang with a call from a friend who has a large financial position in AMD stocks. It rose four dollars in after-hours trading to 493, after closing at 488.
The fifth level is 505. AMD is one of those companies, like Nvidia, that weathers the storm very well and holds up strongly. But again, there is unlimited demand for their products from all the major players.
Everyone buys products from AMD. Therefore, there is no need to worry about this stock. I expect it to rise from the 490 range next week. I know it's dangerous to make short-term predictions, but hey, that's what we do here with technical analysis.
What this channel has said about $AMD
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