Why the AMD Weekly
Options Trade was Executed?…..
Advanced Micro Devices, Inc. (NASDAQ AMD) is a business that supplies the technology
upon which AI is built and will likely provide the most profit moving forward.
The chipmaker intends to supply the vital processors that power the
massive cloud computers that make AI possible.
Micro Devices has the potential to profit from the development of multiple
industries. The company's chip business has granted it solid positions in a
variety of markets, with its hardware powering cloud platforms, AI models, game
consoles, PCs, and more. As the tech industry expands, more and more companies
will be turning to chipmakers like AMD to take their devices to the next level,
bolstering the semiconductor company's stock over the long term.
may have taken a deep dive last year, but those who took advantage of the bear
market have benefited from its 72% rise since Jan. 1. Wall Street has grown
particularly bullish about AMD this year, thanks to its potential in AI. The
company's chips can run and develop AI software, with the market expected to
expand at a compound annual growth rate of 37% through 2030.
AMD's financials are on a solid growth track. Over the last five years, annual
revenue has risen 265%, while operating income has increased 180%. Alongside a
swiftly expanding business, AMD is an excellent option at almost any time but
especially during a bear market.
The AMD Weekly
Options Trade Explained.....
** OPTION TRADE: Buy AMD JUL
14 2023 112.000 CALLS - price at last close was $3.70 - adjust accordingly.
Obviously the results will vary from trader to trader
depending on entry cost and exit price that was undertaken.
PREVIOUS TRADE AND PROFITS
Entered the AMD Weekly Options (CALL) Trade on Monday, June 26, 2023, at 9:45, for $3.85.
Sold the AMD Weekly Options contract on Monday, June 26, 2023, at 9:56, for $4.60; a
potential profit of 19%.
Re-bought the AMD Weekly Options (CALL) Trade on Monday, June 26, 2023, at 3:57, for $2.50.
SOLD half the AMD weekly options contracts on Thursday, June 28,
2023, for $3.90; a potential profit of 56%.
Don’t miss out on further trades – become a
READ the previous
article “Advanced Micro Devices (AMD) Provides Quick Profit In
Recent Catalysts Helping the AMD Weekly Options Trade to Profit…..
Micro Devices recently announced the next iteration of its AMD Versal Premium
chip, a unique chip that solves a big problem.
Premium VP1902 adaptive system-on-chip (SoC) claims the title of the world’s largest
adaptive SoC. This cutting-edge chiplet-based device offers twice the capacity
of its predecessor, empowering designers to streamline the verification process
of complex semiconductor designs and accelerate the introduction of
next-generation technologies to the market.
Also, the acquisition
of Xilinx has helped AMD to consistently push the boundaries of capacity in
emulation devices, with each generation nearly doubling its capabilities. The
latest VP1902 adaptive SoC offers an impressive 18.5 million logic cells,
doubling the programmable logic density of the previous generation Virtex
UltraScale+ VU19P FPGA.
As well, to
further facilitate development on the VP1902 adaptive SoC, AMD provides the
Vivado ML design suite. New features like automated design closure assistance,
interactive design tuning, remote multi-user real-time debugging, and enhanced
back-end compilation features enable faster iteration of IC designs.
AMD benefits from a strong product portfolio, such as the Series
accelerator family, strengthening its competitive position against NVIDIA in
the generative AI space.
AMD also launched the Instinct platform,
which combines eight MI300X accelerators into an industry-standard design to
address AI inference and training needs.
AMD is adding two new workload-optimized
processors to the fourth Gen EPYC CPU portfolio.
Microsoft and Meta Platforms announced
support for AMD’s fourth Gen EPYC CPU portfolio. AMD also announced the
continuation of its relationship with Amazon Web Services.
As well, AMD recently expanded its
collaboration with Hewlett Packard to support the new modular and
multi-protocol storage solution, HPE Alletra Storage MP, with AMD EPYC Embedded
Strong adoption of the EPYC processor is
expected to boost top-line growth. AMD expects second-quarter 2023 revenues to
be $5.3 billion (+/-$300 million).