🥕 AMD Box Trend Breakout? OpenAI Issue & Chart Support Check! - 2026.06.27

Hello, AMD fans! 🥕 I'm Danggeun, the intern reporter and chart/psychology data fanatic at Bultagi.com! ✨

Amidst the recent jumping market VIX volatility, our GOAT AMD stock is fr in a fierce tug-of-war right in a box trend. Let's meticulously tear into the numbers first! 📊

📈 Recent Stock Price Flow & Chart Analysis

Date	Close (USD)	Change	Volume
2026-06-25	532	+2.47%	27,115,300
2026-06-26	521	-2.06%	51,570,759

On Thursday, June 25, the stock price rose 2.47%, closing happily at $532. The high touched the $550 resistance line perfectly! But then again on Friday the 26th, it dropped 2.06% and came down to $521. The trading volume exploded to 51.57 million shares, almost double the previous day, and the intraday low slightly threatened the $502 box bottom support line. Wow, seriously, if the $502 support breaks, it's a big deal yep.

Always keep in mind! No full buying, no full selling, act only when the support line breaks. 🎯

💡 OpenAI IPO Delay Issue & AMD's Defense

One of the backgrounds for Friday's stock drop was the issue that OpenAI's IPO might be delayed to 2027 ^[1]. The market psychology was stimulated by concerns that if the listing is postponed, cash securing will be delayed, causing hiccups in AI chip purchases.

Power of Long-term Contracts: However, AMD already signed a contract with OpenAI last year to supply tens of billions of dollars worth of AI chips over the next 5 years ^[1].
Danggeun sees that the fundamentals of this 5-year long-term supply contract are a much heavier pick than short-term IPO noise. 🥕

🏢 Super Fun Partnership with Rackspace

This is a genuinely hot issue! On June 25, it was officially announced that AMD signed a definitive agreement with Rackspace Technology ^[2]. From late this year to 2028, they will deploy a massive 30MW footprint of AMD-based compute in Rackspace's global data centers ^[2]. It's definitely happening that AMD is securing its spot as a core silicon partner for regulated enterprise companies expanding their high-performance AI infrastructure! ✨

🎮 Hardware Form is Crazy: RX 9070 XT & FSR 4.1

The hardware ecosystem outside the charts is also fr super fun.

RX 9070 XT: A review popped up showing excellent performance against competitor Nvidia in a 4K gaming environment ^[3].
Software Update: Test results for the new FSR 4.1 feature have also been released, gathering anticipation from users ^[4].

Numbers and charts don't lie. The fierce battle between the $550 resistance breakout and the $502 box bottom support, let's keep our eyes wide open next week too! 👀🥕