AMD Traders Get New Leveraged ETFs As AI Chip Battle Heats Up
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2025
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Source: Benzinga
New Trading Tools for AMD: Direxion has introduced two new ETFs, AMUU and AMDD, allowing traders to leverage or short Advanced Micro Devices Inc (AMD) based on its daily stock performance amid the AI-driven semiconductor boom.
Short-Term Focus: These leveraged and inverse ETFs are designed for active traders rather than long-term investors, as they reset daily and can lead to unexpected performance if held for extended periods.
Analyst Views on AMDD
Wall Street analysts forecast AMDD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMDD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 7.965
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Current: 7.965
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
