Advanced Micro Devices, Inc. AMD

Today was painful for shorts to cover at 515 then again shorted but that’s the trap 🤓

AMD will rock next week but shy now to trap shorts and you will see a jump $100+

Let’s plan to trap shorts again so next week they will cover at $600 post earnings!

Another Green Day tomorrow but expect selloff before weekend

One more upgrade today

$510 in few minutes! It’s just another trap to shorts.. Mike Burito to short and cover $550

Shorts more squeeze as look at the deals

Why ripping today:

1. MSFT Azure +43% beat fueling AMD - Azure run rate >$100B = more EPYC/MI450 demand
2. Core Scientific deal finally being recognized - 500MW locked = AMD can actually deliver Helios racks (15-year, $

• Anthropic 2GW MI450 deal (tens of billions $)
• Analyst avg PT $575 (+34%)

Mike, it’s no more circular here in AMD! You cover all your short today or wait tomorrow for $550?

Closing range today: 510- 560. Tomorrow open 550 and close near $600. Before earnings next week $630 and in 8/4 $700+

Now, shorts will pay once again to add squeeze

Next watch how solid AMD earnings will be by seeing last MSFT call and their peers fail.. no circular financing! Shorts this level will need you to cover again above $650-700