$AMD — Is history repeating itself?

AMD The chart is showing a pattern strikingly similar to previous highs — a strong rally after a long accumulation, followed by a pullback on news.

📰 Q2 2025 Earnings:
• Record revenue: $7.7B (+32% YoY)
• Strong sales in Ryzen CPUs and Radeon GPUs
• Q3 outlook: $8.7B revenue, ~54% margin

What’s holding it back:
• Export restrictions on MI308 to China hit margins and investor sentiment
• Short-term profit taking after a powerful rally

Reasons for optimism:
• Upcoming AI products MI350 and MI400 could be major growth drivers
• Expected demand from data centers and AI infrastructure

Technical view:
• EMA 9 remains above key support levels (170, 160)
• MACD is close to a potential bearish crossover — worth watching
• Past highs show that sharp corrections in AMD often set the stage for the next wave up