The analyst expresses confidence in AMD based on CW LTA reports and future projections, indicating a bullish stance despite volatility in optical names like AAOI.
Confidence from AMD CW LTA reports and next year's $471M/month projections; acknowledges volatility in optical names.
@chenbaiyang70 Looks like photonics theme selloff combined with macro drop with $AAOI. I’m personally confident from $AMD CW LTA reports and next year’s $471M/month projections. But of course people should make their own decisions, optical names tend to be more volatile.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +3.4% | +1.8% |
| 1 week | +5.8% | +2.8% |
| 1 month | -5.1% | -6.5% |
| 3 months | — | — |
| 6 months | — | — |