Mar. 25 at 8:20 PM
$AMD Higher prices for AMD chips are coming due to supply constraints. Higher prices mean better morgins, lead to greater profitability. Same happened for memory chips 2 months ago and a stellar performance of MU shares.
Looking forward to half that kind of move for AMD, which will propel it to new ATH.
It's not a coincidence that MU retreated on this very news, because with less CPUs available, less MU chips will enter the supply chain in the short term. The longer term projections will hold because the demand is there and already booked (in order book, not yet accounting book).
Don't find yourselves on the wrong side of the equation.
GLTA
$AMDL $SOXL