{"id":48262,"date":"2026-03-26T11:34:59","date_gmt":"2026-03-26T11:34:59","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/26\/amd-stock-analysis-cup-handle-points-to-more-gains\/"},"modified":"2026-03-26T11:34:59","modified_gmt":"2026-03-26T11:34:59","slug":"amd-stock-analysis-cup-handle-points-to-more-gains","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/03\/26\/amd-stock-analysis-cup-handle-points-to-more-gains\/","title":{"rendered":"AMD stock analysis: cup &amp; handle points to more gains"},"content":{"rendered":"<div><\/div>\n<p>AMD stock price has jumped in the last three consecutive weeks, reaching a high of $220, its highest point since February this year. It has jumped by nearly 200% from its lowest point in 2025, bringing its market capitalization to over $360 billion.<\/p>\n<h2 class=\"wp-block-heading\">AMD stock is benefiting from the AI boom and key partnerships<\/h2>\n<p>Advanced Micro Devices, a top player in the semiconductor industry, is doing well now that it has become the biggest competitor to NVIDIA in the GPU industry.<\/p>\n<p>Most notably, some of the biggest spenders in the sector are taking notice, with the company reaching major deals with companies like OpenAI and Meta Platforms.<\/p>\n<p>The most recent results showed that its <a href=\"https:\/\/invezz.com\/news\/2026\/02\/02\/amd-stock-surges-over-5-on-monday-what-to-expect\/\">revenue<\/a> rose to $10.3 billion in the fourth quarter, up by 34% from the same period a year earlier.<\/p>\n<p>Most of this revenue growth came from the data center segment, which made over $3.8 billion, up by ~40% from the fourth quarter of 2024.<\/p>\n<p>Its client and gaming revenue grew by 37% to $3.9 billion, while the embedded segment grew by just 3% to $950 million. For the year, the company\u2019s revenue jumped to $34.6 billion, up from $25 billion in the same period a year earlier.<\/p>\n<p>Analysts believe that the company&#8217;s revenue will continue growing in the coming years as data center spending accelerates. The average <a href=\"https:\/\/finance.yahoo.com\/quote\/AMD\/analysis\/\">estimate<\/a> among analysts is that its revenue will jump by 32.6% this year to $9.86 billion, while its annual figure will grow by 34% to $46.53 billion.<\/p>\n<p>AMD\u2019s business will likely continue thriving as companies continue to look beyond NVIDIA, a company that continues to dominate the industry. A good example of this is Riot Platforms, a company that is building data centers with a focus on AMD chips. IREN is also spending millions of dollars a year on AMD chips.<\/p>\n<h2 class=\"wp-block-heading\">Advanced Micro Devices is facing some major headwinds&nbsp;<\/h2>\n<p>Still, a major challenge for AMD is that its business seems a bit overvalued, essentially when compared to NVIDIA. The company trades at a forward price-to-earnings ratio of 30, much higher than NVIDIA&#8217;s 20x.&nbsp;<\/p>\n<p>This multiple is higher considering that NVIDIA is expected to continue growing at a faster pace than AMD. Analysts expect that AMD\u2019s annual growth rate will be 34% this year and 43% in the coming year. For NVIDIA, the estimate is 71% and 30%, respectively.<\/p>\n<p>Another challenge for AMD is that NVIDIA is working on its CPU, which will be launched later this year. This chip will likely disrupt a business in which the company has a substantial market share.<\/p>\n<p>READ MORE: <a href=\"https:\/\/invezz.com\/news\/2026\/03\/25\/intel-amd-soar-on-reported-cpu-price-hikes-amid-supply-chain-crunch\/\">Intel, AMD soar on reported CPU price hikes amid supply chain crunch<\/a><\/p>\n<h2 class=\"wp-block-heading\">AMD stock price technical analysis&nbsp;<\/h2>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p><em>AMD share price chart | Source: TradingView<\/em>&nbsp;<\/p>\n<p>The weekly chart shows that the AMD stock price has rebounded from a low of $76.52 in April last year to the current $220.<\/p>\n<p>It formed a big up-gap in November last year, reaching a record high of $266 in January. It has remained above the 50-week and 100-week Exponential Moving Averages (EMA).<\/p>\n<p>The stock has formed a cup-and-handle pattern, a common bullish continuation sign in technical analysis. This pattern is made up of a horizontal support and a rounded bottom.<\/p>\n<p>Therefore, the stock will likely rebound, and possibly hit the all-time high of $266, which is about 23% above the current level.&nbsp;<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2026\/03\/26\/amd-stock-analysis-cup-handle-points-to-more-gains\/\">AMD stock analysis: cup &amp; handle points to more gains<\/a> appeared first on <a href=\"https:\/\/invezz.com\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AMD stock price has jumped in the last three consecutive weeks, reaching a high of $220, its highest point since February this year. It has jumped by nearly 200% from its lowest point in 2025, bringing its market capitalization to over $360 billion. AMD stock is benefiting from the AI boom and key partnerships Advanced <\/p>\n","protected":false},"author":1,"featured_media":48263,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-48262","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=48262"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/48263"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=48262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=48262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=48262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}