Watch for Short Squeeze spike to $4+ today.Here is why?
AMD delivered very strong revenue growth 15% yr to yr and beat revenue and earning per a share estimate.
AMD raised forcast for next Q4 revenue guidance to $1.54B from $1.51B cons.
All semiconductors co lowered their forcast and their stocks trading 10-15 times higher than AMD
AMD selling is way over done and 11 analysts who have a buy or outperform on AMD are believing rory turn around by diversify the co to very explosive growth business rather than just comp neck to neck with intc since tech moving to tablets and smartphones