Yahoo finance amd projections show possible upside from
Yahoo Finance AMD projections show possible upside from AI partnerships announced last month. Consensus forward EPS has been revised up, triggering algorithmic buy signals in quant-driven funds. $155 acts as new support after recent breakout. Northland believes AMD will guide fourth-quarter revenue above consensus, driven by its AI, server CPU, and client product lines. 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. Live Yahoo Finance AMD charts show a 5-day uptrend, supported by higher-than-average trading volume. Upcoming earnings season could extend gains if revenue surprises exceed $6.5B estimates. Short interest continues to decrease, suggesting reduced bearish bets.
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