Power Plays Update: AMD
February 20, 2024

By Scott Redler

Advanced Micro Devices (AMD) has been hit hard in the wake of the Super Micro (SMCI) drop.

We are going to remove it from Power Plays here.

It's too risky to take this name into Nvidia's (NVDA) earnings tomorrow because it feels like the complexion has changed. The semiconductor/AI names look like they will lag now so I'd rather step aside.

If you are comfortable staying with AMD into the NVDA report, you can take a look at $170 calls for this week or next week.


Scott Redler Positions Disclosure as of 2024-02-20 at 12.27.31 PM