Good morning traders and investors — I’m Norbert B.M., and welcome back to Wealth Dome, where I build and protect wealth.

Advanced Micro Devices (AMD) just posted its strongest quarter in company history, with $7.7 billion in revenue, a 32% year-over-year increase, and rising demand for AI data center chips.

But despite record growth, margins collapsed, triggering volatility across semiconductor stocks.So, is AMD a buy, sell, or hold? Let’s break it down 👇

⚙️ AMD Earnings Highlights (Q2 2025)

🧩 What’s Behind the Margin Decline?

“The fundamentals are solid — the drop is largely due to accounting and export-related headwinds.”

💾 Data Center Segment

SegmentQ2 2025YoY ChangeRevenue$3.2B+14%Operating Margin5%+ improvementOperating Income−$155M↓ from −$743M YoY

The data center division continues to show strength, though profitability remains under pressure.

🧮 Financial Outlook (Q3 2025 Guidance)

* Revenue: $8.7B ± $300M

* Gross Margin: 54%

* Operating Expenses: $2.55B

* Effective Tax Rate: 13%

“If AMD delivers on this guidance, they’re on track for one of their most profitable years ever.”

🔮 Long-Term Growth Forecast

Growth expectations are extremely bullish, especially from 2026 onward.But the key question: has the stock already priced it in?

⚠️ Risks & Challenges

* Margin compression from export restrictions

* Execution risk for MI350/MI450 accelerators

* Potential China export delays

* Rising competition from NVIDIA (NVDA)

“AMD’s success depends on flawless execution in a tightening global environment.”

🧭 Technical Analysis

* RSI: 61 — neutral

* MACD: Attempting bullish crossover

* Ichimoku Cloud: Price above cloud (bullish trend)

* Key Support Levels: 240 → 215 → 190 → 165

* Resistance: 300 (psychological + Fibonacci 125% extension)

“A correction to the $215–$235 zone could create the next big entry point.”

🧠 Trader’s View

* Short-Term: Volatile; expect consolidation

* Swing Traders: Target $215–$235 for re-entry

* Long-Term Investors: Still strong — execution and timing matter

💬 CEO Commentary (Lisa Su)

“We are well positioned to deliver significant growth in the second half of the year, driven by the ramp of our MI350 accelerators and Ryzen processor sales.”

Translation: AMD is betting hard on its next-gen AI chips — execution is everything.

📈 Analyst Upgrades

Following AMD’s growth projection of 35% compounded annual revenue growth, several analysts upgraded the stock with price targets ranging $285–$320, citing long-term AI momentum.

📊 Mentioned Stocks

AMD, NVDA, TSMC, SPX, QQQ, MSFT, GOOGL, META

🔗 Relevant Links

* AMD Investor Relations

* Wealth Dome YouTube Channel

* Lisa Su’s Growth Forecast Article (LA Times)

💡 Final Thoughts

AMD remains a top-tier AI and semiconductor growth stock, but after a major rally, risk/reward looks balanced in the short term.

“The fundamentals are strong — but the price may already reflect 2026.”

Patience and timing are key for the next leg up.

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit norbertbm.substack.com/subscribe