New AMD Price Target After Nvidia ‘Superchip’ Threatens Key Business
Advanced Micro Devices appears ripe for some bloodletting after a major Nvidia and Microsoft update.
Advanced Micro Devices appears ripe for some bloodletting after a major Nvidia and Microsoft update.
Talks drag on, May Manufacturing PMI data, more memory chip pain, and other headlines are moving stocks this morning.
U.S. and Iran trade fire over the weekend, Nvidia unveils a new super chip, and Jamie Dimon says exuberance ain’t so bad …
I covered my speculative stock package of shorts for a small profit:
* ($AMD) $516.69
* ($MU) $955.57
* ($SNDK) $1,666.17
Positions: None.
Once again I have shorted a speculative basket of high-octane stocks (in premarket trading), including (but not restricted to) the following:
* $AMD $523.01
* $MU $957.02
* $SNDK $1682.15
Position: Short MU (VS), AMD (VS), SNDK (VS)
I covered this morning’s speculative package shorts (still there with what I started the day short, though!)
* ($MU) $917.99
* ($SNDK) $1576.55
* ($AMD) $494.12
From earlier today:
I (unemotionally) added to my speculative short package in premarket:
* (MU) $972.02
* (SNDK) $1,632.11
* (AMD) $515.09
Given the volatility I will remain very small in these trading short rentals.
Again, this is not for homegamers – I am just being transparent.
Positions: Short MU VS SNDK VS AMD VS
BY Doug Kass · May 27, 2026, 8:54 AM EDT
I (unemotionally) added to my speculative short package in premarket:
* ($MU) $972.02
* ($SNDK) $1,632.11
* ($AMD) $515.09
Given the volatility I will remain very small in these trading short rentals.
Again, this is not for homegamers – I am just being transparent.
Positions: Short MU VS SNDK VS AMD VS