AMD(US:AMD) Zhong Guo Ji Jin Bao·2025-11-12 16:20Market Overview - The U.S. stock market exhibited a rare divergence, with the Dow Jones Industrial Average rising nearly 400 points to reach a new high, while the Nasdaq index experienced a significant drop [3][4] - The strong performance of the Dow was attributed to gains in major financial stocks such as Goldman Sachs, JPMorgan Chase, and American Express, all of which reached new highs [3][4] Key Stock Performances - Notable stock performances included: - UnitedHealth: $341.82 (+4.39%) - Goldman Sachs: $834.95 (+3.04%) - IBM: $320.68 (+2.22%) - Caterpillar: $578.94 (+1.94%) - JPMorgan Chase: $321.27 (+1.79%) - American Express: $376.56 (+1.73%) - Nike: $64.05 (+1.42%) [4] Economic Context - Historical data suggests that resolutions to U.S. government shutdowns have typically led to increases in the S&P 500 index and most of its sectors [5] - Analysts indicate that the real challenge lies in the delayed release of key economic data due to the government shutdown, which complicates economic outlook assessments for investors and the Federal Reserve [6] Future Projections - UBS Wealth Management anticipates that the S&P 500 index could reach 7,300 by June 2026, suggesting that investors should increase exposure to sectors such as AI innovations, energy, and longevity themes [7] - AMD's CEO, Lisa Su, stated that the company expects revenue to grow at an annual rate of 35% over the next three to five years, driven by demand for AI chips [8] Technology Sector Dynamics - Despite AMD's strong performance, other tech stocks faced pressure, with Nvidia and Oracle experiencing declines of approximately 3% and 3.08%, respectively [9] - Concerns regarding potential overvaluation in the tech sector have been raised, particularly following significant price increases in recent months [8][9]