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Posted by
Two Blokes Jun 8 -
Filed in
Stock
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2 views
AMD remains a buy as technicals show a bullish outlook, with strong support levels and an intact uptrend, despite some caution from Fibonacci Fan Lines. Q1 earnings were impressive, with 36% YoY revenue growth and 57% YoY growth in the Data Center segment, highlighting AI business strength. Q2 guidance projects continued above-average revenue growth, and gross margins would be strong if not for China's export controls.
