Why Is AMD Stock Crashing, and Is It a Buying Opportunity? @themotleyfool #stocks $AMD

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Why Is AMD Stock Crashing, and Is It a Buying Opportunity? @themotleyfool #stocks $AMD

Finbold

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Technical analyst maps out the 'massive buy' opportunity for AMD stock

Advanced Micro Devices (NASDAQ: AMD) has had a challenging start to 2024, sliding over 18% since the beginning of the year.  Despite delivering a double beat on both earnings per share (EPS) and revenue in its Q4 and FY 2024 earnings report on February 4, the results were overshadowed by a miss in data center revenue, which came in significantly below forecasts. AMD year-to-date price chart. Source: Finbold The disappointment has sent AMD shares…