In trading on Friday, shares of Advanced Micro Devices Inc (Symbol: AMD) entered into oversold territory, hitting an RSI reading of 29.95, after changing hands as low as $98.69 per share.

Advanced Micro Devices has turned in a solid performance on the price charts this year, up more than 28%. And Wall Street thinks the semiconductor stock has more room to run.

Why Advanced Micro Devices, Super Micro Computer, and Palantir Rocketed Between 127% and 246% in 2023. By Billy Duberstein – Jan 10, 2024 at 7:00AM Key Points. Super Micro ...