Major Trade Levels On The Semi's After AMD/OpenAI Deal
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Chief Market Strategist Gareth Soloway deep dives into the Advanced Micro Devices (AMD) deal with OpenAI. He talks about how AMD will get $100B from OpenAI for semi chips and OpenAI will pay for this with warrants for 160M shares of AMD they are getting FROM AMD for $0.01. This shady stuff is everywhere in the semi sector and should put investors on edge. Gareth then does technical analysis on AMD, alerting to a major double top. He then looks at NVDA, TSM, MU and AVGO, giving key targets, forecasts and buy levels.
Video Length: 00:11:24
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