新闻和分析

Another company that is in a similar situation to AMD, both technically on the charts and fundamentally in terms of business is probably Applied Materials (AMAT). AMAT's major customers include Taiwan Semiconductors, Samsung Electronics and Intel, among others, so it is well diversified in terms of partnerships. Not being tied to only one gadget or semiconductor manufacturer, but working with different ones. AMAT's main markets include China, Taiwan, South Korea, the United States, Europe and Japan, and so it is geographically integrated into different regions of the world. AMAT also produces components for such giants like Apple, which has been slightly losing ground on the Asian market in the last year, but an important advantage of AMAT in this aspect is that AMAT is not exposed too much to any of its large partners, even including non-critical exposure to Apple. However, the recent developments in trade talks between the United States and China have given hope to shareholders of this company with its global presence in various markets.

AMAT shares have not yet come so close to their May 15 peak of $176.38, which is technically similar to the $120 area for AMD. However, the technical patterns of the last five or six weeks look so similar on the AMAT and AMD charts that it seems only a matter of maybe another 10 or 20 days before the two companies reach roughly the same growth rate. AMD is up 4.8% after the weekend, while AMAT is up only 1.8% so far, but the chart analysis showed that AMAT also has more to come. As soon as AMAT rises to $180, its further horizon will open immediately to the next nearest target price of at least $200.

Still, waiting for a move higher to $180 before ramping up investments in Applied Materials seems like an important addition, as analysts at Morgan Stanley freshly upgraded Applied Materials to Equal-Weight from Underweight, citing "de-risked outlook" for China but warning that weakness in leading-edge logic and DRAM remains a concern heading into 2026. Morgan Stanley sees revenue from China and ICAPS chips (which stands for Internet of Things (IoT), Communications, Automotive, Power and Sensors), a segment catering to mature semiconductor nodes, "stabilizing through October 2025 but not recovering". Another risk is decreasing forecasts for foundry logic and DRAM (Dynamic Random Access Memory) investments, which weighed on overall estimates. Morgan Stanley now expects Applied Materials’ DRAM revenue may fall 5% in FY25 and 12% in FY26.

Coinbase (COIN) shares have shown a strong correlation with Bitcoin (BTC), though some divergence has appeared recently. While Bitcoin has reached new highs, COIN still trades roughly 40% below its own peak. The stock found solid support in the $140–150 range back in late March and has since rebounded toward the midpoint of its ascending channel. It’s currently consolidating below this mid-channel barrier, and a breakout above it could unlock a 48% upside toward the upper trendline resistance.

Given this setup, I’m planning to initiate a long position around $250–260, targeting a move to $350–360, which lies just below the channel’s resistance to stay prudent. To manage risk, a stop-loss will be set at $160, below recent support and the bottom of the trend structure.

As there is no sole leader asset in a recovering tech race, there is still a core of mega cap assets that everybody and their dog is paying attention to. I did the same thing, so that all the key AI stocks like NVIDIA, Broadcom, Google or Microsoft are in the most significant place in my portfolio. Their price charts have turned back into the north direction faster and in a more effective way than most other tech stocks to recover after the tariff shocks of early April, attracting more free cash as well, which is entirely fair. However, it's high time to highlight here the broader market's readiness to climb higher in some of the tech segment's laggards, which have been left aside for months but become catching up in recent weeks.

There is no room for doubts about the ultimate success of data center-related infrastructure projects in the United States, not only in my head, but also, it seems, in the investment minds on Wall Street. Otherwise, one of those previous laggards, which is also one of my favorites, I mean Oracle, would not have fully recouped its plunge from $180+ to $120 with a return to $180 now again, actually provided by a nearly 50% rise over the previous 8 weeks. You should know that Oracle is planning to build a gigawatt-scale AI database giant powered by three small nuclear reactors, according to its founder Larry Ellison. Besides, Oracle, OpenAI and Japan's SoftBank are forming the soul of the joint venture, called the Stargate Project, to start building data centers in Texas and then expand to other states. It is supported by the US government, while the three companies would commit $100 billion to Stargate initially to pour up to $500 billion into the venture over the next four years.

These are well known facts, but I'm just using Oracle as an intermediate example right now because Oracle share price has already recovered to their previous levels, but it has dropped almost the same dramatically like my other selected stocks, including AMD. They were unloved but then began to bounce back. I feel, they have to go by a similar path of recovering their recently much higher market potential. In particular, the chipmaker AMD has already progressed from its 2-year market price bottom below $80 to over $120 per share, soon after knocking on the newly baked support around $110. It managed to overcome temptation to slide below and jumped back to its monthly technical resistance. As late as this Monday, June 9, a similar resistance line was broken upwards on the Amazon chart, if such a comparison could be applied here. A similar picture is now also regarding Google charts, for example. Both Amazon and Google are more prosperous giants, of course, but the general market sentiment can help such companies as AMD to break its nearest barriers now, which also has fundamental reasons in case of AMD.

AMD reported solid quarterly numbers in early May. AMD's AI GPU market share is estimated at less than 10%, which is certainly far from NVIDIA's 85% share globally, but AMD is not shrinking its niche either and is even gaining momentum, with possible deal to weaken AI export control rules from US to China being a positive sign for the leading companies of the segment, including AMD. Against this background, AMD also received several rating updates from investment banks on Wall Street. As a swing failure at $110 has occurred, I see a breakthrough above $120 would lead AMD to the nearest technical target price at $150 per share.

Ravencoin (RVN) is up 11.7% this week to $0.01770, significantly outperforming the broader crypto market, where Bitcoin (BTC) is down 0.4% to $105,868. The rally follows the recent listing of Ravencoin on the Korean Upbit crypto exchange. The announcement triggered a sharp price surge of 92% to $0.02090. A correction followed on Friday, bringing prices down to $0.01390 and reflecting short-term overbought conditions.

Despite the pullback, trading volume remains 30 times above the average, indicating continued strong interest and support for the uptrend. The recent dip appears to be a technical retest of the breakout level rather than a shift in momentum. If the current strength holds, Ravencoin could reclaim the $0.02000 level and potentially move higher toward the $0.02500 target.