Watch These AMD Stock Price Levels After Post-Earnings Plunge
1. AMD shares fell 9% post-earnings due to weak data center sales. 2. CEO Lisa Su projected a 7% sequential decline in quarterly data center sales. 3. AMD stock has dropped 33% over the past year amid competition with Nvidia. 4. Key support levels are at $110, $95, and $81; resistance near $130. 5. Past performance suggests a difficulty in recovering momentum in the near term.