#Cryptology_7 $RAY
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悠哉独自在
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Today, the market capitalization of $AMD has surpassed one trillion, and in Q2 revenue reached USD 11.54 billion, up 50% year over year. Among them, data center business revenue was USD 6.7 billion, up 107% year over year. Meta alone accounts for 5.5% of AMD’s revenue—making it the second-largest customer. With demand for AI compute, the need has spilled over from GPUs to CPUs.
Over in the US stock market, chip stocks are surging across the board. The Nasdaq rose 2.26% to a new all-time high, and AMD jumped nearly 10% in a single day. An old-school CPU maker has been pushed over the trillion-dollar threshold by the AI wave—hard.
AMDUSDT contract price is currently 613, up 6.36% in 24 hours. The intraday high reached 627. The 4-hour RSI is 75.87, and the daily RSI is 83.81. It’s clearly overbought in the short term, but money keeps pouring in—the trading volume hit 195 million USD (U).
TradFi futures are directly transmitting the heat from US stocks into the crypto market. You don’t need a US stock account—on Binance you can go long AMD. The AI narrative has been overcooked in crypto long ago, but for AI hardware companies with real earnings support, valuations are still moving higher.
AMD’s fundamentals are indeed solid. Data center business growth doubling is real, not hype. But with the daily RSI at 83, the short-term risk-reward for chasing long positions is average. If you really want to participate, wait for a pullback to the 580–590 platform to see if there’s support. Place a stop-loss below 570.
Do you think AMD’s trillion-dollar market cap is the peak of the AI bubble—or the starting point of a new round of the rally?
#AMD市值首破1万亿美元 $AMD
Over in the US stock market, chip stocks are surging across the board. The Nasdaq rose 2.26% to a new all-time high, and AMD jumped nearly 10% in a single day. An old-school CPU maker has been pushed over the trillion-dollar threshold by the AI wave—hard.
AMDUSDT contract price is currently 613, up 6.36% in 24 hours. The intraday high reached 627. The 4-hour RSI is 75.87, and the daily RSI is 83.81. It’s clearly overbought in the short term, but money keeps pouring in—the trading volume hit 195 million USD (U).
TradFi futures are directly transmitting the heat from US stocks into the crypto market. You don’t need a US stock account—on Binance you can go long AMD. The AI narrative has been overcooked in crypto long ago, but for AI hardware companies with real earnings support, valuations are still moving higher.
AMD’s fundamentals are indeed solid. Data center business growth doubling is real, not hype. But with the daily RSI at 83, the short-term risk-reward for chasing long positions is average. If you really want to participate, wait for a pullback to the 580–590 platform to see if there’s support. Place a stop-loss below 570.
Do you think AMD’s trillion-dollar market cap is the peak of the AI bubble—or the starting point of a new round of the rally?
#AMD市值首破1万亿美元 $AMD
