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Wajeeh Khan

AMD Stock Is in Overbought Territory. Is It Too Late to Snag Shares Now?

AMD Advanced Micro Devices TSMC Taiwan Semiconductor

Advanced Micro Devices (AMD) shares are extending gains on Thursday morning amid a broader sector-wide rally on positive spillover from Taiwan Semiconductor’s (TSM) strong Q1 earnings. 

Meanwhile, hopes of a Pakistan-brokered de-escalation between the U.S. and Iran are fueling risk-on sentiment, further adding momentum to the AMD stock price rally. 

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