Bought some calls this morning, we are at low volume node, and 50% retracement. typically where sellers dry up under that last PoC. We saw a nice reaction. Two analyst upgrades today, targets from 180-200 dollars.
AMD's recent announcement about expanding its commercial AI PC portfolio with the Ryzen PRO 8040 and 8000 Series processors is bullish due to several factors: the launch introduces advanced x86 processors, emphasizing AMD's leadership in AI performance for both mobile and desktop platforms; it features enhancements in AI processing power and energy efficiency, boosting the appeal of AMD-powered devices; targets a broad professional market, potentially increasing enterprise adoption; includes AMD PRO technologies for enhanced manageability, security, and reliability, appealing to corporate IT managers; claims superior performance compared to competitors like Intel; and highlights strategic partnerships with major OEMs like HP and Lenovo, ensuring widespread availability and enhancing market presence. This strategic focus on AI and professional computing is poised to solidify and expand AMD's market position, signaling positive prospects for the company’s growth and stock performance.
AMD's recent announcement about expanding its commercial AI PC portfolio with the Ryzen PRO 8040 and 8000 Series processors is bullish due to several factors: the launch introduces advanced x86 processors, emphasizing AMD's leadership in AI performance for both mobile and desktop platforms; it features enhancements in AI processing power and energy efficiency, boosting the appeal of AMD-powered devices; targets a broad professional market, potentially increasing enterprise adoption; includes AMD PRO technologies for enhanced manageability, security, and reliability, appealing to corporate IT managers; claims superior performance compared to competitors like Intel; and highlights strategic partnerships with major OEMs like HP and Lenovo, ensuring widespread availability and enhancing market presence. This strategic focus on AI and professional computing is poised to solidify and expand AMD's market position, signaling positive prospects for the company’s growth and stock performance.