AMD is leaving the rest of the chip stocks in the dust, but the move could fade
https://www.cnbc.com/2018/07/30/amd-outperforming-chip-stocks-but-the-move-could-fade.html
Shares of Advanced Micro Devices are on fire this year, but some traders and strategists are wary about stepping into the name after its hefty 91 percent rally.
AMD is the top-performing stock in the S&P 500's semiconductor industry group this year, outpacing peers like Micron, Nvidia and Texas Instruments by a wide margin. Much of AMD's rally has come in recent months, with an 80 percent gain since May. The stock surged 4 percent Monday after Cowen raised its price target on AMD and forecast better-than-expected profits next year.