Yahoo finance amd aMD’s Yahoo Finance charts reflect a

AMD’s Yahoo Finance charts reflect a healthy retracement before continuation, consolidating gains from the latest rally. Tech-sector ETF momentum augments price performance. Fibonacci extensions suggest next potential target at $168. Advanced Micro Devices (AMD) is catching up to Nvidia in the coveted market for artificial intelligence (AI) data center chips. The rally sits against a backdrop of strong chip-sector momentum, Nvidia ( NASDAQ:NVDA ) and others also saw gains as investors weigh AI spending trends. As of today, Yahoo Finance AMD data shows shares trading around $158.40, up 1.2% intraday on strong chip demand. Analysts forecast Q3 revenue to rise 18% YoY, driven by AI GPU shipments. Technical charts indicate resistance at $160, with volume trending above 20-day averages.