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Reading: AMD: Record-Breaking Q2, But Don’t Buy Until $156 (NASDAQ:AMD)
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Market Analysis

AMD: Record-Breaking Q2, But Don’t Buy Until $156 (NASDAQ:AMD)

Last updated: August 8, 2025 5:40 am
Published: 9 months ago
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Patience is key — recent price action suggests a near-term top, and a better entry point may emerge as downside momentum continues.

When I last covered Advanced Micro Devices, Inc. (NASDAQ:AMD) on November 4th, 2024 with my article “AMD: Buy The Drop”, the stock was experiencing a strong build-up in selling pressure and leaving many investors wondering where the bottom in share

The Income Machine is driven by market analysis from strategies covering more than two decades of trading experience successfully navigating through a broad range of asset classes. I am @PROSTOCKMARKETS on YouTube, which is where I post daily video updates for all of my trades and define important price levels for the market’s most heavily traded assets.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMD, NVDA, QCOM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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