Should You Buy AMD Stock Now or Wait for a Dip?
Key takeaways
- AMD NVDA ^GSPC XLK Tech stocks are leading the market s rally in 2026.
- One chip stock that s been especially hot this year is Advanced Micro Devices (NASDAQ: AMD).
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
AMD NVDA ^GSPC XLK Tech stocks are leading the market s rally in 2026. While the S&P 500 has risen by around 10% this year, the Technology Select Sector SPDR ETF is up by 34%. Tech continues to be a hot trend, with spending on artificial intelligence (AI) remaining high among businesses.
One chip stock that s been especially hot this year is Advanced Micro Devices (NASDAQ: AMD). The company s latest chips have been generating strong demand, and the hope is that they can take significant market share from rival Nvidia.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »