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AMD Stock Slipped, But Is It a Breakout Opportunity in Disguise?

Advanced Micro Devices TodayAMDAdvanced Micro Devices155.514.03 (2.53155.51 -4.03 (-2.53%) 52-Week Range76.48▼186.65P/ERatio89.41PriceTarget186.65P/E Ratio89.41Price Target180.88Add to WatchlistInvestors following Advanced Micro Devices NASDAQ: AMD are navigating a classic market contradiction. AMD’s stock price has seen a notable pullback of over 7% from its recent highs, a move that often suggests underlying weakness. This dip, however, comes on the heels of a blockbuster second-quarter earnings report where AMD posted record revenues of $7.7 bi ...