3 Chips Stocks in Focus as Traders Buy Up Tech
AMDAMD(US:AMD) Schaeffers Investment Research·2025-03-12 17:56

Group 1: Tech Sector Overview - The tech sector is experiencing a rebound, with the Nasdaq Composite Index rising significantly as investors buy the dip after a broad-market selloff [1] - Chipmakers are particularly benefiting from renewed interest in artificial intelligence (AI), with Nvidia's stock increasing by 6.7% [1] Group 2: Intel Corp - Intel Corp's shares are up 4.2% at $20.61, aiming to end a seven-day losing streak [2] - The stock has found support at the $19 level, which has been a solid floor since early August [2] - Year-over-year, Intel's equity has decreased by 54.4% [2] Group 3: Advanced Micro Devices Inc (AMD) - AMD's stock is up 4.1% at $100.73, recovering from a 52-week low of $94.73 [3] - The stock has been on a downward trend since early October, facing pressure at the 40-day moving average [3] - AMD has a year-over-year deficit of 50.3% [3] Group 4: Taiwan Semiconductor Manufacturing Co Ltd (TSMC) - TSMC's stock is up 3.5% at $176.87, bouncing back from six-month lows [4] - The 200-day moving average, which previously provided long-term support, is now a potential pressure point [4] - TSMC is outperforming its peers with a 12-month lead of 22.6% [4]

AMD-3 Chips Stocks in Focus as Traders Buy Up Tech - Reportify