AMD's Earnings: A Test for Chips, Momentum Stocks, and Market Sanity The upcoming earnings report from Advanced Micro Devices (AMD) is a critical test for both the company's financials and the broader market.
Historically, AMD's shares have experienced significant volatility following its earnings announcements, averaging a 16. 5% move over the month that follows.
One reason for this skepticism lies in AMD's technical picture, which has deteriorated rapidly across multiple timeframes and indicators.