Every Friday, the market is screened for interesting stocks and analyzed using AI. The AI of AI FAE is specially...
Search in blog
Blog categories
- Daytrading Almanac (23) click
- Press release (14)
- Educational (13) click
- Projects (6)
- Chart analysis (16) click
- Trading bots for cTrader (11)
- AI in trading (5)
- Trading Strategien (10)
- Trading signals and stock market letters (15)
- FAQ – Your guide through the world of finance and technical facilities (1) click
Latest posts
![Trading Kids Trading Kids](https://member.ai-fae.org/img/ybc_blog/post/thumb/260.png)
We teach what children are not taught in school. An initiative of the AI Finance Association Europe in the context of...
![New developments in loss offset limitation: Important information for traders and investors New developments in loss offset limitation: Important information for traders and investors](https://member.ai-fae.org/img/ybc_blog/post/thumb/Breaking-News-260.jpg)
line-height:normal"> In my recent research for AI Finance Association I have exciting news about loss offset...
![AI STOCK SCREENING OF THE WEEK ON 21.06.2024 AI STOCK SCREENING OF THE WEEK ON 21.06.2024](https://member.ai-fae.org/img/ybc_blog/post/thumb/8-Bild-260.jpg)
Every Friday, the market is screened for interesting stocks and analyzed using AI. The AI of AI FAE is specially...
![SETTINGS FOR THE V800L2 IN THE US500 M5 SETTINGS FOR THE V800L2 IN THE US500 M5](https://member.ai-fae.org/img/ybc_blog/post/thumb/2-KI-Forschungszentrum-260.jpg)
I have run an optimization over several days and here is a resulting setting option for the US500 in the M5 chart
Popular posts
![Trading bots: revolution or risk? Trading bots: revolution or risk?](https://member.ai-fae.org/img/ybc_blog/post/thumb/1-Screenshot-2024-04-15-um-21.14.1.jpg)
![Warnung vor Schneeballsystemen Warnung vor Schneeballsystemen](https://member.ai-fae.org/img/ybc_blog/post/thumb/260.jpg)
![AI Finance Association Europe: Innovation in finance through weekly bot developments AI Finance Association Europe: Innovation in finance through weekly bot developments](https://member.ai-fae.org/img/ybc_blog/post/thumb/4.png)
![The V300L1 trading bot – your automated path to success on the financial markets The V300L1 trading bot – your automated path to success on the financial markets](https://member.ai-fae.org/img/ybc_blog/post/thumb/300L1Blog.jpg)
![The V430L01 Trading Bot: Revolutionize your Forex trading The V430L01 Trading Bot: Revolutionize your Forex trading](https://member.ai-fae.org/img/ybc_blog/post/thumb/blogV430L01.jpg)
Featured posts
![Day Trading Almanac Foreword Day Trading Almanac Foreword](https://member.ai-fae.org/img/ybc_blog/post/thumb/1-Daytrading-Almanach_260x180.jpg)
![Was ist Daytrading Was ist Daytrading](https://member.ai-fae.org/img/ybc_blog/post/thumb/1-Was-ist-Daytrading260x180.jpg)
![Requirements for entry Requirements for entry](https://member.ai-fae.org/img/ybc_blog/post/thumb/1-erfolgreich-mit-dem-Daytrading_260x180.jpg)
![History of day trading History of day trading](https://member.ai-fae.org/img/ybc_blog/post/thumb/Geschichte260x180.jpg)
![Choosing the right trading platform Choosing the right trading platform](https://member.ai-fae.org/img/ybc_blog/post/thumb/y8r7x41o.png)
Photo gallery
No featured images
Archived posts
Top authors
AMD shares: AI chips boost the company -- Current buying opportunity
Company description
Advanced Micro Devices designs and manufactures microprocessors for the computer and consumer electronics industries. The company makes the majority of its revenue in the computer market from CPUs and GPUs. AMD acquired graphics processor and chipset maker ATI in 2006 to improve its position in the PC food chain. The company spun off its manufacturing operations in 2009 and formed a foundry joint venture, GlobalFoundries. In 2020, the company agreed to acquire FPGA market leader Xilinx.
AMD has high hopes for the AI chip "MI300" for data centers, with which it hopes to steal market share from global market leader Nvidia. A few weeks ago, AMD also introduced a number of AI chips that are to be installed in PCs and laptops. The industry is booming and many do not see AMD as competition to Nvidia - but AMD should not be underestimated.
Fundamentals
Since the acquisition of Xilinx in 2020, the company has been able to significantly increase its profits and operating cash flow. According to analyst estimates, AMD is expected to increase earnings per share more than fifteenfold within three years! There is no question that there is a lot of potential in the field of artificial intelligence that is sure to unfold in the next few years.
Chart technical outlook
The chart can also convince trend-following investors and traders. The share has been correcting since the most recent record high of USD 227.89. Meanwhile, the securities are returning to an ideal retracement area. The price zone of around USD 145 seems favorable to recoup the potential AI giant.
In the weekly chart, market participants are already signaling initial buying interest. If this prevails, as currently appears to be the case, reaching the current all-time high should only be a matter of time. However, to be on the safe side, I would factor in another correction opportunity into the aforementioned anti-cyclical buying area between 133 and 156 USD over the volatile summer period, which is considered a general period of weakness on the financial markets.
In addition to the blog that is actively maintained here, my information portal Investment.Traders contains other exciting articles, detailed stock analyses, presentations of various investment opportunities and a weekly update in video form. This is my contribution to financial education in Germany.
Leave a comment
Related posts
![Munich Re - One record chases the next](https://member.ai-fae.org/modules/ybc_blog/views/img/bg-grey.png)
![Eli Lilly - Range breakout sets new all-time highs](https://member.ai-fae.org/modules/ybc_blog/views/img/bg-grey.png)
![Puma - Ideal correction invites you to buy](https://member.ai-fae.org/modules/ybc_blog/views/img/bg-grey.png)
![Oil is picking up again - buying opportunity for oil companies](https://member.ai-fae.org/modules/ybc_blog/views/img/bg-grey.png)
Latest comments