$AMD 2026 outlook: Expect wide range-bound action, especially H1Advanced Micro Devices, Inc.NASDAQ:AMDSwing_Trader_SaanAMD - Not in position (on request). Fundamentals: Data center growth solid but competition intensifying (NVDA AI dominance, INTC fighting back). Margins under pressure as hyperscalers negotiate harder. 2025 guidance likely conservative. Technicals: 150x move since 2016 puts us in rarified air. Channel structure suggests we're entering consolidation/normalization phase. 2026 outlook: Expect wide range-bound action, especially H1. Big down, big up structure typically precedes extended base-building. Channel could extend years. Overextension possible, but probability favors digestion here.