Advanced Micro Devices Shares Provide Quick Profits
Using Weekly Options!

Advanced Micro Devices shares continued to rally as high as much as 12.6% this past week.

This set the scene for Weekly Options USA Members to profit by 60%, using an AMD Weekly Options trade!

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Saturday, May 20, 2023

by Ian Harvey

Why the Original AMD Weekly Options Trade was Executed?

Artificial intelligence (AI) is more advanced than ever and could have a tremendous impact on the world over the next decade. AI requires enormous computing power because of how much data it must process quickly.

Advanced Micro Devices, Inc. (NASDAQ AMD) should have many opportunities as a leading semiconductor company. Semiconductors are essentially the building blocks of computing systems and will play an important role in building out AI.

The growing demand for AI chips could fuel exciting growth for AMD.

Experts believe that AI could add $13 trillion in economic output to the global economy by 2030. That could translate to big growth in semiconductor stocks, and analysts see years of strong growth ahead for AMD. The average estimate has revenue nearly doubling by 2027 and earnings-per-share (EPS) almost tripling.

AMD acquired programmable-chip specialist Xilinx over a year ago for $49 billion, a company known for its advanced designs. Xilinx should give AMD options in designing products specialized for AI applications. It has an investor event planned for next month to unveil several new products aimed at the data center and AI markets.

Advanced Micro Devices shares were up 4.0% Thursday.

The AMD Weekly Options Trade Explained.....

** OPTION TRADE: Buy AMD JUN 02 2023 110.000 CALLS - price at last close was $2.65 - adjust accordingly..

Obviously the results will vary from trader to trader depending on entry cost and exit price that was undertaken.

STEP 1.....

Entered the AMD Weekly Options (CALL) Trade on Friday, May 19, 2023, at 9:35, for $1.89.

Sold the AMD weekly options contracts on Friday, May 19, 2023, at 9:42, for a potential profit of 22%. (in 7 minutes)

STEP 2.....

Re-entered the AMD Weekly Options (CALL) Trade on Friday, May 19, 2023, at 11:00, for $1.45.

Sold the AMD weekly options contracts on Friday, May 19, 2023, at 12.27, for a potential profit of 38%. (1 hour and 27 minutes later)

TOTAL PROFIT IS 60%.

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Why Advanced Micro Devices Shares Shares Climbed Higher…..

Semiconductors and computer chips are necessary when companies such as Microsoft and Alphabet are releasing new products based on AI tools.

These new AI tools are very computationally intensive, meaning that they require many advanced (and expensive) computer chips to train and operate. This is spurring tons of demand for semiconductor makers who specialize in these products. 

The leading AI chip company is Nvidia, but AMD is thought of as the second-best company for these products. Investors are likely seeing this as a bullish indicator for AMD if this AI revolution takes hold. Some analysts project the world will spend over $1 trillion on AI by 2030, a lot of which will go to computer chips.

Summary.....

Advanced Micro Devices shares are up a whopping 65% year to date (YTD) and now sports a market cap of $170 billion, likely due to investor enthusiasm around the company's potential growth from the recent AI boom.

Therefore…..

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FINALLY.....

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