Advanced Micro Devices Today

AMD

Advanced Micro Devices

$98.85 -2.82 (-2.77%)

As of 04:00 PM Eastern

52-Week Range

$95.89

▼

$227.30

P/E Ratio

99.85

Price Target

$155.83

Advanced Micro Devices NASDAQ: AMD stock slide may not be over, but it is nearing its end and setting up the market for a solid rebound that could quickly add 30% to the stock price. Technically speaking, AMD’s market is profoundly oversold and overextended, with stochastic oscillators in the low-end range on the daily, weekly, and monthly charts. The oversold condition results from a sentiment reset that repriced the outlook for AI influence on the business from an NVIDIA-like near-term boom to a longer-term, more sustainable growth…