AMD Stock Just Hit a New All-Time High. Options Data Tells Us It Could Be Headed Here Next.
Advanced Micro Devices (AMD) shares extended gains to print an all-time high of about $253 on Friday as investors continued to flock into the chipmaker ahead of its earnings on Nov. 4. Analysts currently expect the semiconductor behemoth to earn $0.97 on a per-share basis in its fiscal Q3, up sharply from $0.76 in the same quarter last year. More News from Barchart At the time of writing, AMD stock is up well over 200% versus its year-to-date low in early April. www.barchart.com What Helped AMD Stock ...