Reported 21 days ago
AMD shares have dropped again due to new U.S. regulations impacting AI chip exports to China, and investors should be aware of critical support levels around $76 and $65, as well as resistance levels near $116 and $150. Despite a recent piercing pattern suggesting a potential trend reversal, ongoing selling pressure and broader market concerns have led to a 28% decrease in AMD's stock this year.
Source: YAHOO