AMD 因 AI 需求强劲及目标价上调而呈上行趋势，但动能正在放缓。
逐段跳播
我们回到《Morning Trade Live》节目，重点关注AMD股票的走势图，该股在今天的交易时段创下历史新高。我们同比上涨超过215%。目前AMD股价上涨2.6%，约648美元出头。
We're back here on "Morning Trade Live" to focus on the chart for AMD shares, which hit a new record high in today's session. We have increased by more than 215% year-on-year. We are now up 2.6%, or about $648 and some change for AMD stock.
我们收到了Lisa Su关于订单的一些反馈。我们看到Mizuho上调了目标价。是的，正如我提到的，AMD股价正在上行，而且这一趋势在开盘前就已经开始，甚至是在CEO Lisa Su就人工智能需求发出乐观信息之后，她表示芯片需求在未来数年都将保持非常旺盛。
We received some feedback from Lisa Su about the order. We have seen an increase in the target price by Mizuho. Yes, as I mentioned, AMD shares are trending upwards, and this began even before the market opened, even after CEO Lisa Su sent an optimistic message about demand for artificial intelligence, saying that demand for chips will remain very high for years to come.
Lisa Su指出，尽管AMD努力增加产量，需求仍然超过供应，公司计划到2027年大幅提升产能。这些评论出现之际，华尔街对这一题材变得更加乐观。Citi将其目标价从575美元上调至800美元，而Mizuho将目标价从580美元上调至705美元。
Lisa Su noted that demand still outpaces supply despite AMD's efforts to increase production, with the company planning significant capacity increases by 2027. These comments come as Wall Street has become more optimistic about this story.
Citi raised its target price from $575 to $800, while Mizuho raised its target from $580 to $705.
两家机构都指出，AI代理（包括Meta的“Muse”）的快速普及是计算需求的关键新驱动力。分析师表示，这些代理型AI应用所需的处理能力可能远高于传统聊天机器人，而AMD通过其CPU业务成为主要受益者。
Both organizations point to the rapid adoption of AI agents, including Meta's "Muse," as key new drivers of computing demand. Analysts say these proxy AI applications could require significantly more processing power than traditional chatbots, with AMD being a major beneficiary through its CPU business.
结果是，市场日益认为AI基础设施支出的下一阶段可能为AMD带来又一次显著提振。实时来看，该股目前上涨约3%，正逼近每股650美元的水平。
The result is a growing perception in the market that the next phase of spending on AI infrastructure could provide another significant boost for AMD. In real-time, the stock is up about 3% here and is approaching the $650 per share level.
很明显，Mizuho的目标价达到705美元是出于代理型AI的前景，这也是该行此举的原因。
It is clear that Mizuho's price reaching $705 is due to the prospects of proxy AI, which is also the reason for the bank's move.
你今天会如何操作AMD股票的试探性交易？我关注的是一只突破并再创历史新高的股票，但我认为上行动能已经变得不那么强劲。当然，所有目标价都在上调，人人都在积极谈论，但我认为该股可能需要放缓这一上涨步伐。
How would you approach a trial trade for AMD stock today? I'm looking at a stock that broke through to reach another new record high here, but I think the upward moves have become less vigorous.
Certainly, there is an upswing in all target prices and everyone is talking positively, but I think the stock probably needs to slow down this upward pace.
因此，我将转向传统的11月期权，卖出一份当前价格区间之外的（价外）看涨合约。以利用今天该股的跳涨，坦率地说，这一涨幅略低于大多数市场乐观者的期望。
Therefore, I will turn to traditional November options to sell a "call" contract out of the current price range (out-of-the-money). To take advantage of today's jump in the stock, which frankly was a little less than what most market optimists had hoped for.
我卖出11月传统看涨期权的价差，行权价在750至760之间，获得约两美元。因此，我喜欢这里约25%的风险回报比，并给自己留出超过100点的上行空间，目标瞄准财报后水平，同时利用隐含波动率和利润。
I sell the spreads on traditional call options for November between 750 and 760, and I get about two dollars. Therefore, I like the return on risk of around 25% here, and I give myself an upside margin of more than 100 points, targeting post-earnings levels, and taking advantage of implied volatility and profits.
是的，我是说，看看Lisa Su关于需求极高的乐观评论。正如我提到的，Mizuho将AMD的目标价上调至705美元，
Yes, I mean, look at Lisa Su's optimistic comments about the extremely high demand. As I mentioned, Mizuho raised the price of AMD to 705,
这个频道对 $AMD 的历次判断
Schwab Network 在这只股票上共 12 条判断，这里只列相邻的几条。