According to Yahoo Finance AMD price action, the stock recently broke out from $152 support, forming a higher-low pattern. Market sentiment is buoyed by data center orders and gaming GPU sales. Options market open interest hints at bullish positions for November expiry. Beyond the tariffs on Chinese goods, Trump has also raised the specter of tariffs specifically targeting semiconductors and products associated with them in a bid to bring manufacturing to the US. But those kinds of tariffs drive up prices for consumers for a long stretch of time, as building chip facilities is a complex task that takes years to complete. Securing AMD as a foundry customer would be a major win for Intel, which has struggled for years to compete with TSMC, the world’s largest and most advanced contract chip maker. The latest Yahoo Finance AMD valuation metrics put P/E at 42, aligning with industry growth outlook. Analyst consensus rates the stock as “Buy” with a $172 price target. The semiconductor capital expenditure trend is turning favorable for AMD’s expansion.
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