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4 Charts That Make AMD Stock a Buy
Top 20 turnover | Super micro computer fell by 7.98%, skyrocketed by 188% in the first half of the year; performance is expected to be bleak, Nike plummeted by 20%.
On Friday, Nvidia, the stock with the highest trading volume on the US stock market, fell 0.36%, trading at $38.914 billion, maintaining a market cap of over $3 trillion. The stock fell 2.4% this week, rose 12.7% in June, and nearly 150% in the first half of the year. NVIDIA's stock price is now in a high-end shock, but according to Jackson, the hedge fund manager at EMJ Capital, the stock is still cheap if calculated based on earnings per share, and he expects NVIDIA's stock price to continue to rise. It is expected to reach $250 by the end of this year on the basis of its current stock price, which is a doubling. If this prediction comes true, Nvidia's market cap will exceed $5 trillion this year.
US stocks closed lower on the last day of June with all three major indexes down. The AI-driven Nasdaq rose 18% in the first half of the year, while Nvidia soared 149%.
After hitting a new high, the S&P and Dow fell together, possibly due to Goldman Sachs and JPMorgan bearish on US stocks. Amazon, Google, and Microsoft fell from their recent highs, while most chip stocks rose. However, Nvidia rose 3% before falling 0.4% as the AI hype drove the Nasdaq up 18% and the S&P up 14.5% in the first half of the year.
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Advanced Micro Devices Options Spot-On: On June 28th, 960.96K Contracts Were Traded, With 2.81 Million Open Interest
On June 28th ET, $Advanced Micro Devices(AMD.US)$ had active options trading, with a total trading volume of 960.96K options for the day, of which put options accounted for 33.96% of the total transac
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