Posted 11/23/2023, 3:38:00 PM
Chip Stocks Split: AMD Surges on Breakout While Nvidia and Tesla Face Headwinds
- Dow Jones futures edge higher early Thursday; Nvidia rival AMD breaks out while TSLA falls on discounts
- Nvidia falls moderately on earnings beat, but holds key support level; Google, Amazon flash buy signals
- Tesla stock drops as EV maker ramps up discounts in U.S., Europe amid demand concerns
- AMD breaks out past 122 buy point; Google reclaims 137 early entry; Amazon retakes 146 buy point
- Market rally extends gains Wednesday with solid advancers despite Nvidia decline; indexes near 2023 highs