Advanced Micro Devices, Inc. AMD

$AMD Bear Trap ?

$AMD Bear Trap ? Bend over Shorties!! ?

$AMD BEAR TRAP ?

$AMD https://www.investingcube.com/amd-stock-price-goes-parabolic-is-150-a-possible-short-term-target-shares-amd/

$AMD Bear Trap ?

$AMD More useful insight:    What are the chances China does not approve of the deal?
Of course it's a gamble with high US-China tensions, but let's take a look at some facts. In 2019 Chinese antitrust committee reviewed 465 deals. It approved all of them (!!).
https://www.lexology.com/library/detail.aspx?g=1421064d-d8f4-4591-963c-d0d65999ff57
In 2020 they reviewed 458 deals. Out of all of them, they rejected a single one (DouYu merger with Huya, both Chinese companies).
https://www.gibsondunn.com/antitrust-in-china-2020-year-in-review/
This means only one rejection out of 923 deals!
Nvidia purchased Mellanox in 2020 and it was conditionally approved through China. This is equivalent of AMD/XLNX deal. AMD owns ATI, which was started by Chinese Canadians. Both Xilinx and AMD are US based. They already have heavy business connections with China. I'm not bold enough to estimate the odds, but the facts suggest they're quite high!

$AMD I just left Lisa’s suite and she had a cigarette in one hand and an ice pack in the other, and she told me the Merger will close in October….. ?

$AMD Cramer takes it in the ole Balloon Knot!

$AMD Cramer is Pooh Jabber……

$AMD After this run, Analysts will be raising their price target from an average $120 to $150-$175. Batten down the hatches bitches!