Advanced Micro: Should You Join the Chase?

Advanced Micro Devices (AMD) launched a cornucopia of buzzwords yesterday. Self-driving cars and artificial intelligence combined with a Tesla (TSLA) deal. The issue at hand is the validity of any deal. Neither company has commented and AMD partner GlobalFoundries said it isn't working on a chip for Tesla's self-driving cars.

When rumors like this hit and a stock reacts, like AMD's push from around $13.10 late yesterday to $14.25 this morning, I find it is more helpful to examine a slightly longer timeframe in terms of the charts. Rather than daily charts, I'll turn to the weekly view, especially since we don't have any confirmation this partnership exists....197 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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