FXEmpire
01 Jun 2026, 13:32 UTC · 2h ago
AMD, INTC and NVDA Forecasts – Chips Mixed Early on Monday

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FXEmpire
01 Jun 2026, 13:32 UTC · 2h ago

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Story key points
3 claims · impact-rated
Nvidia is expected to gap higher at the open, signaling a continuation of its overall uptrend with a target of $235. — Nvidia acts as the sector bellwether; a rebound here typically lifts sentiment for the broader AI and semiconductor complex.
+0.60AMD is showing softness and is projected to drop below the $500 level. — Indicates a technical pullback and a period of consolidation after a significant rally since April.
-0.30Intel is exhibiting weakness with critical psychological support situated at the $100 mark. — A break below this major round number could trigger further technical selling toward the 50-day EMA.
-0.30Ticker attribution
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6 related stories
Expected to gap higher and continue an overall uptrend toward the $235 level.
Mentioned as slipping in the Nasdaq 100 index.
Mentioned as falling in the Nasdaq 100 index.
Market looks soft and is testing a psychologically significant support level at $100.
The market looks soft with expectations of the price dropping below $500 due to being overstretched.
Mentioned as diverging without a specific direction of movement.
Mentioned as diverging without a specific direction of movement.
[mutual] Both are identified as semiconductor companies in the 'Chips' sector experiencing mixed market movement.
[mutual] Both are identified as semiconductor companies in the 'Chips' sector experiencing mixed market movement.
[mutual] Both are identified as semiconductor companies in the 'Chips' sector experiencing mixed market movement.
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