Shares of Advanced Micro Devices Inc. (AMD) showed strong performance in early trading on June 17, 2025, contributing to gains in the semiconductor sector and pushing the VanEck Semiconductor ETF (SMH) into positive territory. AMD's stock faced resistance around the $130 level throughout the morning, with notable call option activity creating a price barrier. Despite this, the stock rallied by approximately 3.9%, with some analysts suggesting it could reach the yearly value area between $139.50 and $140.70 if the upward momentum continues. Market participants highlighted constructive price action and increased call flows, reflecting confidence in AMD's management and outlook. Several traders implemented stop orders to manage risk amid the volatility. Overall, the sentiment around AMD was bullish by the end of the trading day.
Bullish for $AMD https://t.co/WqI1zzf8zY
$AMD Our stops hit earlier https://t.co/EPW1KatyO3
Love the price action in $AMD. There's a call wall at $130 that we need to push over on a closing basis, but overall this is an extremely constructive chart. Big call flows coming through today. Management has their act together now, too. https://t.co/SKuy0uJkuX https://t.co/HCnD5piKOK