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Wajeeh Khan

AMD Stock Is Challenging Key Resistance Levels on Meta Deal. Should You Buy It Here?

AMD Meta Advanced Micro Devices Lisa Su Nvidia

Advanced Micro Devices (AMD) shares pushed aggressively to the upside this morning after Meta Platforms (META) signed a $60 billion artificial intelligence (AI) chip deal with Nvidia’s (NVDA) rival.

The post-announcement rally has AMD testing its 20-day moving average (MA) as of this writing, with a clear break above $217 expected to accelerate bullish momentum in the near term. 

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