$AMD is about to catch up to $NVDA. It's already up 160% on the year and has room to run. 🚀 $AMD is right back near 562, up 5% and pressing into the top of the falling wedge that has capped every bounce since the ATHs. A three-week, 22% flush took it from 653 to the 500 zone, and buyers defended that level hard. A weekly close above 562 breaks the wedge, with $1T MCAP at 612 directly overhead. Key Catalysts 🔑 Meta goes gigawatt-scale: Meta is installing Helios racks for its next frontier models and co-designing a custom MI450 chip with AMD. AMD is putting $1B into Meta's equity offering to lock the partnership in. Nov 3 earnings: Back in August, AMD guided Q3 to $13B, up 41% year over year. Stifel expects a beat-and-raise on server CPU demand, with first MI450 revenue showing up in the Q4 guide. Helios goes live: OpenAI brings Helios online this quarter, and Anthropic's 2GW deployment starts in the first half of 2027. Management pegs revenue per gigawatt in the double-digit billions. 562 is the pivot. Hold it on a weekly close and 612 is next, along with the $1T MCAP mark. Clear 612 and 653 is the last level before new ATHs. Reject 562 again and bears can retest the 500 zone. Lose that and 462 is the backtest. Trade Ideas 🚀 $AMD over 562 Day Trade: AMD 11/02 600C Swing Trade: AMD 11/20 650C The hardest part of trading is usually the waiting. It took $AMD a month to get back to 562. Getting back to ATHs could take half that long