After a 137% Run, Is AMD Priced for Perfection Before Earnings?

Directly affected

• AMD Advanced Micro Devices

  Named in this report.

Indirectly affected

• NVDA NVIDIA

  Chip makers and their suppliers move when export rules or Taiwan risk changes

• TSM Taiwan Semiconductor

  The main advanced-chip manufacturer sits in Taiwan

• ASML ASML

  Chipmaking-equipment sales follow export rules

• AVGO Broadcom

  Chip makers and their suppliers move when export rules or Taiwan risk changes

• AMAT Applied Materials

  Chip-equipment makers feel export controls

• LRCX Lam Research

  Chip-equipment makers feel export controls

• SMH VanEck Semiconductor

  A fund of semiconductor companies

• SOXX iShares Semiconductor

  A fund of semiconductor companies

• QQQ Invesco QQQ

  Big tech moves with chip-supply risk

Price reaction, T-5 to T+3