The Latest Breaking News from Advanced Micro Devices

Today, large volumes of short-term put options in AMD stock imply that it might be overvalued. But a closer look at its strong free cash flow (FCF) and FCF margins could lead to a higher AMD price target over the next year.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.31%. US stock indexes are trading mixed, with the Dow Jones Industrials posting a new...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.21%. December E-mini S&P futures (ESZ25 ) are up +0.22%, and December E-mini Nasdaq futures...

Advanced Micro Devices is currently showing above average volatility with an IV Percentile of 80% and an IV Rank of 43.04%. Traders that think AMD stock might remain stable over the next few weeks could look at a short strangle.

December S&P 500 E-Mini futures (ESZ25) are down -0.26%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.30% this morning, extending yesterday’s losses as investors remain concerned about weak labor market data and lofty tech valuations.

Advanced Micro Devices' stock price is correcting in November as part of a natural market movement within a robust uptrend; this is a buy-the-dip event.

December Nasdaq 100 E-Mini futures (NQZ25) are trending down -0.57% this morning as investors digested weak earnings from notable tech players such as Advanced Micro Devices and Super Micro Computer, while concerns over lofty tech valuations continued to weigh on sentiment.

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December S&P 500 E-Mini futures (ESZ25) are down -1.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -1.31% this morning as quarterly results from AI bellwether Palantir failed to impress investors and Wall Street executives cautioned about a potential correction due to sky-high valuations.

U.S. tech licensing firm Adeia (NASDAQ:ADEA) has filed two lawsuits against Advanced Micro Devices (NASDAQ:AMD) in the Texas federal court, alleging the chip giant infringed on ten patents related to semiconductor innovations, ahead of its earnings.

As AMD teams up with the DOE on a $1 billion supercomputer project, let’s break down why this could be a smart time to bet on AMD stock.