Could sanctions stump AMD stock growth?

Before its recent surge, Advanced Micro Devices (NASDAQ: AMD) stock remained relatively stable within a sideways parallel channel for an extended period. However, AMD stock surged by over 16% in the last five trading sessions, pushing its price above the $200 mark for the first time in the company’s history.AMD 7-day stock price chart. Source: FinboldBut now, amidst the US sanctions on exporting microchips to China, AMD has been caught in between, as one of its AI chips was deemed too strong to be exported. ...