The great run in shares of Advanced Micro Devices continued Thursday following an upbeat forecast about the chip market and an optimistic call from analysts at TD Cowen. AMD was up 1.1% to $161.90 Thursday after Taiwan Semiconductor Manufacturing said it expects revenue growth this year to be more than double the rate of the broader chip market. TSMC manufactures AMD chips.
Same here. Our AMD is today at 103% profit. YEAY ;)
We only have a tiny portfolio, but I have somehow managed to choose 3 other stocks that are still in the red, after I thought I bought them at the the bottom, but then they fell a lot more.
But with the AMD stock, we are pretty nicely in the green anyway. Quite funny since the experts said, don’t buy AMerican, and don’t buy tech. And that’s the only profit we have. LOL